ChainCatcher message, according to Arkham monitoring, about 44 minutes ago, Grayscale Digital Large Cap Fund transferred 704.815 BTC to an unknown address, worth approximately 50.89 million USD.

ChainCatcher news, The ETF Store President Nate Geraci tweeted that the U.S. Securities and Exchange Commission (SEC) has received an application to convert the Grayscale Digital Large Cap Fund (GDLC) into an ETF. Currently, GDLC holds approximately 77% BTC and 17% ETH, with the remainder in SOL, XRP, and AVAX. The SEC is currently soliciting public comments on this.Previous news, Grayscale submitted an application to the SEC to convert its mixed crypto fund Digital Large Cap Fund (GDLC) into an ETF.

ChainCatcher news, the NYSE Arca has submitted an application to the U.S. Securities and Exchange Commission (SEC) to adopt the new rule 8.800-E, which will allow the listing and trading of investment products based on commodities and digital assets. At the same time, the exchange specifically proposed to list and trade shares of Grayscale's Grayscale Digital Large Cap Fund under this new rule.Previous news, Grayscale applied to the U.S. Securities and Exchange Commission on October 15 to convert its Digital Large Cap Fund into an ETF, which is primarily composed of Bitcoin (accounting for nearly 75%) and Ethereum (approximately 19%), with the remainder including SOL, XRP, and AVAX.

ChainCatcher news, according to monitoring data from Arkham, about 10 hours ago, the Grayscale Digital Large Cap Fund transferred approximately 709.141 BTC, worth about 43.05 million USD, to an unknown address starting with bc1q4. Historical transactions show that these funds were transferred to the Grayscale Digital Large Cap Fund three months ago.

ChainCatcher news reports that, according to monitoring data from Arkham, approximately 8 hours ago, the Grayscale Digital Large Cap Fund and the Bitcoin Mini Trust transferred 1,412.715 BTC to 2 addresses without clear labels, worth about 43.14 million USD. Among these, the Grayscale Digital Large Cap Fund transferred 712.715 BTC to an address starting with bc1qyu, while the Grayscale Bitcoin Mini Trust transferred 700 BTC to an address starting with bc1qf0. Additionally, the Grayscale Digital Large Cap Fund also transferred 76.952 ETH to the Grayscale Coinbase Prime Deposit address, valued at approximately 192,990 USD, after which the Grayscale Coinbase Prime Deposit address transferred the ETH to the Coinbase Prime hot wallet address.

ChainCatcher news, Fox Business reporter Eleanor Terrett posted on social media that Grayscale has conducted a quarterly rebalancing of the Digital Large Cap Fund (GDLC) and added XRP to the fund.Eleanor stated that the fund aims to provide investors with investment opportunities in large-cap cryptocurrencies within the digital asset market.