The post Crypto ETF swell approaching after Grayscale’s latest launch appeared on BitcoinEthereumNews.com.

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. In yesterday’s edition of the Forward Guidance newsletter, Felix Jauvin broke down Wednesday’s Fed rate cut. But it’s also important that we shed some light on the other big thing that went down on Sept. 17. That would be the SEC approving general listing standards for commodity-based trust shares (a.k.a. crypto ETPs). This was not an unexpected approval by any means, as we knew the SEC was working through this. But the timing seemed to surprise some people, coming a bit earlier than expected.  The US securities regulator shortly after lifted its “stay order” related to Grayscale’s Digital Large Cap Fund (GDLC) — a multi-asset ETP offering exposure to 90% of the crypto market. Changing its name, the Grayscale CoinDesk Crypto 5 ETF hit the NYSE Arca this morning. Its current holdings are:  Each of the tokens GDLC hotels are deemed acceptable (or soon will be) under the new generic listing standards, noted Krista Lynch, Grayscale’s senior VP of ETF capital markets. “To me, it really illustrates the convergence of traditional finance and digital assets and the evolving toolkit we now have to deliver diversified, rules-based crypto products to investors,” she told me. It takes a lot of time and money to try to launch ETFs, which is all well and good if you know there’s an approval at the finish line. That hasn’t been the case for crypto ETFs historically, with issuers failing for a decade or so to launch US spot bitcoin ETFs, for example. They finally got the green light in January 2024.  But generic listing standards would streamline approvals as long as an ETP proposal meets the set-out requirements: First things first: ISG = intermarket surveillance group. DCM = designated contract market.…

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Filed under: News - @ September 19, 2025 9:24 pm