Grayscale Digital Large Cap Fund Becomes SEC Registered Company
The fund joins the company's Bitcoin Trust and Ethereum Trust as reporting products.
Analysts expect bitcoin to pause at around $40K before its next leg up.
The institutional investment manager also increased its holdings in the Grayscale Ethereum Trust by about 5%.
The world’s largest digital asset manager is starting to assemble its ETF team.
The new fund joins a growing number of offerings seeking to help investors easily bet on growth in decentralized finance (DeFi).
The world’s largest custodian bank will begin handling accounting and administration services for the Grayscale Bitcoin Trust in October.