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New Grayscale ETF holds multiple cryptocurrencies together, combining bitcoin, Solana and others
Grayscale Investments has brought a new twist to crypto investing, rolling out the first multi-token exchange-traded product available in the U.S. The Grayscale CoinDesk Crypto 5 ETF begins trading Friday on NYSE under the ticker GDLC. The fund bundles together the five largest and most liquid digital assets — bitcoin, ether, XRP, Solana, and Cardano. These five tokens capture more than 90% of the market capitalization of the digital-asset class, according to Grayscale. “We are ushering in the age of crypto index investing,” Peter Mintzberg, CEO of Grayscale, told CNBC. “We are typically in the first mover ... (full story)
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