FINRA Gives Grayscale The 'Ok' To List Crypto Fund Publicly


This week Grayscale announced it has received positive confirmation they have received regulatory approval in the United States to publicly list a crypto index fund.


The fund is made up of five digital assets with the majority of shares in Bitcoin. This is the first such fund to be traded publicly in the United States, according to the company. In a statement, the company said,


"Our team continues to bring new opportunities for investors to gain exposure to digital currencies. We’re pleased to share that Grayscale Digital Large Cap Fund received FINRA approval for a public quotation on @OTCMarkets under symbol: $GDLCF".


The Grayscale Digital Large Cap Fund is one of the ten crypto funds managed by the fund manager. Though all other funds are single-asset products, it is the only diversified crypto basket managed by the New York-based company.






This article is not intended to be financial advice. As always, do your due diligence before investing, and never invest more than you can afford to lose.

  • Facebook
  • LinkedIn - Grey Circle
  • Instagram
  • YouTube

© CryptoBlock 2017 
A Certified Crypto-Asset Professionals LLC Subsidiary

DISCLAIMERS
LIMITATIONS ON GUIDANCE AND PROFESSIONAL ADVICE 

The CRYPTO BLOCK sites are not intended to provide legal, tax, investment or insurance advice. 

Rewards are never guaranteed. Any charts or simulations are for informational purposes only and do not constitute predictions about future rewards.  

Rewards from CRYPTO BLOCK directly, require compliance with CRYPTO BLOCK Know-Your-Customer policies. 

CRYPTO BLOCK facilitates trades as independent contractors. 

COPYRIGHT POLICY, LINKING POLICY, AND TRADEMARKS

The CRYPTO BLOCK sites are protected by applicable copyright laws. Accordingly, you may not copy, distribute, modify, post or frame-in the CRYPTO BLOCK sites, including any text, graphics, video, audio, software code, user interface design or logos.