x
Black Bar Banner 1
x

Alert!  New Secured Wallets are installed! new Blog system with AI  power and auto blog curation coming soon  Alert! 

Ads by Markethive - View All
Blogs
The Blog Feed
Write a New Blog Post
Search Blog Status
Most Viewed
Most Recent
Most Shared
Alphabetical
Blog Main Menu
Markethive Blog (default)
All Blogs
My Blog Posts
Friends' Blogs
Blog Categories
All
Advertising
Blockchain & Cryptocurrency
Business Development
Diet & Weight Loss
Environmental
Health and Wellness
History and Culture
Home and Garden
Marketing
Mentoring & Training
Money & Finance
Other
Political
Prayer & Religion
Programming & Technical
Real Estate
Search Engine Optimization
Social Media
Spirituality
Sports & Recreation
Transport
Travel & Events
Website Design
Blogging Tools & Assets
My Blog Info
Members Subscribed to You
Blogs You Are Subscribed To
Website Widget
Wordpress Plugin

Grayscale Investments' Diversified Cryptocurrency Fund Now an SEC Reporting Company

Posted by Bill Rippel on July 13, 2021 - 1:25am


Grayscale Investments now has three SEC reporting funds, with the newest addition being the Digital Large Cap Fund. The company has also filed to make three other funds SEC reporting companies.

  • Grayscale Investments, the world’s largest crypto asset manager, made two announcements Monday.
  • The first was that the registration statement on Form 10 filed with the U.S. Securities and Exchange Commission (SEC) for the Digital Large Cap Fund (OTCQX: GDLC) has become effective. The fund is, therefore, an SEC reporting company, the company confirmed, elaborating:

The fund is Grayscale’s first diversified digital currency investment fund to become an SEC reporting company with its shares registered pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended.

  • Grayscale Digital Large Cap Fund will now file its reports and financial statements with the SEC, along with current reports, in addition to complying with all other obligations under the Securities Exchange Act.
  • The Digital Large Cap Fund’s components as of the end of the day on July 9 comprised 67.49% bitcoin (BTC), 25.35% ethereum (ETH), 4.30% cardano (ADA), 1.03% bitcoin cash (BCH), 0.96% litecoin (LTC), and 0.87% chainlink (LINK).
  • The second announcement on Monday was that Grayscale has filed registration statements on From 10 to make three other crypto investment products SEC reporting companies. They are Bitcoin Cash Trust, Ethereum Classic Trust, and Litecoin Trust.
  • Besides the Digital Large Cap Fund, Grayscale has two other SEC reporting products: Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE).
Corneliu Boghian thanks for sharing
July 13, 2021 at 9:45am
Simon Keighley Great news to read Grayscale Investments has become an SEC reporting company. Thanks for sharing, Bill.
July 13, 2021 at 8:17am