Grayscale applies to SEC to convert its hybrid fund containing BTC, ETH, SOL and AVAX into an ETF

Odaily Planet Daily Report Grayscale Investments filed an application with the US SEC on Tuesday to convert its mixed crypto fund, which includes , , , and , into an ETF. The company had previously converted its and funds into ETFs. The official website shows that the product is called the "Digital Large Cap Fund" (), which is currently traded over-the-counter, with an of $524 million. The fund is mainly composed of (accounting for nearly 75%) and (about 19%), with the remaining portion consisting of , and . "This filing reflects Grayscale's steadfast commitment to making it easier for all investors to access exposure to the crypto asset class," a Grayscale spokesperson said in an email. ()