Grayscale’s ETF, tracking XRP, Solana, Cardano, Bitcoin, and Ethereum, gets SEC approval for NYSE debut. SEC also approves generic listing standards for crypto ETFs. GDLC expected to start trading Friday. Fund’s composition: Bitcoin 72%, Ethereum 17%, XRP 5.6%, Solana 4%, Cardano 1%.

Dogecoin and XRP ETFs start trading. SEC and Grayscale previously clashed, leading to Bitcoin ETF approval. New SEC rules require futures contracts for asset approval. Grayscale’s lawsuit argued for ETF approval based on futures contracts. Coinbase offers futures contracts for 12 cryptocurrencies, paving the way for future ETF approvals.

ETFs tracking multiple cryptocurrencies offer more investment options. Solana Policy Institute president sees diversified crypto ETPs as a logical step for investors. Former Grayscale employees, like Jennifer Rosenthal, note the significant evolution in the regulatory landscape for crypto investments. Victory in Grayscale’s lawsuit highlights progress in investor choice and regulatory clarity.

Read more at Yahoo Finance: Grayscale ETF Tracking XRP, Solana and Cardano to Hit Wall Street After SEC Pause