The US Securities and Exchange Commission (SEC) has approved Grayscale’s Digital Large Cap Fund (GDLC), marking the first multi-crypto exchange-traded product (ETP) to hit the market. Key Takeaways: The SEC has approved Grayscale’s GDLC, the first multi-crypto ETP in the US. GDLC provides exposure to Bitcoin, Ether, XRP, Solana, and Cardano. Analysts expect the approval to trigger a surge in new crypto ETF launches. The move comes as the agency accelerates its stance on crypto ETFs, signaling a br ...