Grayscale Investments said Friday (Sept. 19) that its multi-asset cryptocurrency exchange-traded product (ETP), Grayscale CoinDesk Crypto 5 ETF, has begun trading on NYSE Arca under the ticker symbol GDLC.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS c ...

The US SEC on Wednesday approved new listing rules for major exchanges, paving the way for a surge of crypto spot exchange-traded funds. On Wednesday, the regulator voted to let Nasdaq, Cboe BZX and NYSE Arca adopt generic listing standards for commodity-based trust shares. The decision clears the final hurdle for asset managers seeking to launch spot ETFs tied to cryptocurrencies beyond Bitcoin and Ether. In July, the SEC outlined how exchanges could bring new products to market under the framework. Ass ...

Bullish Inc. BLSH CEO Tom Farley said Wednesday that the company’s flagship offerings, such as the CoinDesk 5 index, have the potential to become the “MSCI of the crypto world.”BLSH stock is showing exceptional strength. Get the inside scoop here.‘Bullish’ On Multi-Token IndicesDuring the company’s second-quarter earnings call, Farley responded to a query about Bullish’s indices business and plans to turn them into the “MSCI of the crypto world.”“People are looking for broader sets à la the Dow or the S&P 5 ...

The U.S. Securities and Exchange Commission (SEC) on Wednesday approved a set of rules for exchanges to list exchange-traded products (ETPs) holding spot commodities, including cryptocurrencies, without requiring the agency’s individual review each time. The decision will enable exchanges to proceed with the listing of proposed ETFs by sidestepping the often-lengthy 19(b) rule filing process that can take up to 240 days and requires the SEC to actively approve or disapprove an ETF. Essentially, the proces ...