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Grayscale eyes Worldcoin ETF launch following S-1 filing

From fxstreet.com

Grayscale filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) on Monday to launch a Grayscale Worldcoin (WLD) ETF. The proposed fund, which would trade on Nasdaq under the ticker GWLD, is designed to give investors exposure to Worldcoin through a traditional brokerage account, eliminating the need to buy the token directly. The fund will passively hold WLD and aims to track the token's market price, as measured by the CoinDesk Worldcoin Benchmark Rate. The trust will not use leverage, derivatives, or other strategies to generate returns beyond the performance of the underlying ... (full story)

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  • Category: Fundamental Analysis