{"id":45946,"date":"2021-07-12T18:12:42","date_gmt":"2021-07-12T15:12:42","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=45946"},"modified":"2025-09-01T13:50:52","modified_gmt":"2025-09-01T10:50:52","slug":"sec-registers-grayscales-digital-large-cap-trust","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/sec-registers-grayscales-digital-large-cap-trust\/","title":{"rendered":"SEC registers Grayscale&#8217;s Digital Large Cap trust"},"content":{"rendered":"<p>Grayscale Digital Large Cap has been registered as a trust regulated by the U.S. Securities and Exchange Commission (SEC). The digital assets manager Grayscale Investments has pledged to provide the regulator with audited 10-K and 10-Q reports.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">MILESTONE: <a href=\"https:\/\/twitter.com\/search?q=%24GDLC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$GDLC<\/a> has become an SEC reporting company and we just filed three additional Registration Statements on Form 10 with the SEC for each <a href=\"https:\/\/twitter.com\/search?q=%24BCHG&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BCHG<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24ETCG&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETCG<\/a>, and <a href=\"https:\/\/twitter.com\/search?q=%24LTCN&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LTCN<\/a>. Read more: <a href=\"https:\/\/t.co\/QSCrKL40be\">https:\/\/t.co\/QSCrKL40be<\/a> <a href=\"https:\/\/t.co\/7PcMgPB8Od\">pic.twitter.com\/7PcMgPB8Od<\/a><\/p>\n<p>\u2014 Grayscale (@Grayscale) <a href=\"https:\/\/twitter.com\/Grayscale\/status\/1414564419812593670?ref_src=twsrc%5Etfw\">July 12, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The move will shorten investors&#8217; holding period for Digital Large Cap shares before selling them\u2014from twelve months to six months.<\/p>\n<p>As of July 9, the product&#8217;s assets under management stood at $348.2 million, or 1.17% of Grayscale Investments&#8217; <span data-descr=\"assets under management\" class=\"old_tooltip\">AUM<\/span>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">07\/09\/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.<\/p>\n<p>Total AUM: $29.6 billion<a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24BCH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BCH<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ETC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ZEN&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ZEN<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24LTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LTC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24XLM&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$XLM<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ZEC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ZEC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24BAT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BAT<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24LINK&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LINK<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24MANA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MANA<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24FIL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$FIL<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24LPT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LPT<\/a> <a href=\"https:\/\/t.co\/jJeuAKubDj\">pic.twitter.com\/jJeuAKubDj<\/a><\/p>\n<p>\u2014 Grayscale (@Grayscale) <a href=\"https:\/\/twitter.com\/Grayscale\/status\/1413597833270337536?ref_src=twsrc%5Etfw\">July 9, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Grayscale Investments plans to obtain a similar status for trusts based on Litecoin (LTC), Ethereum Classic (ETC) and Bitcoin Cash (BCH). In an interview with Decrypt, Grayscale&#8217;s vice president of legal affairs, Craig Sam, shared these plans.<\/p>\n<p>Grayscale Investments is currently preparing reports for products based on Bitcoin and <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-ethereum-trust-becomes-an-sec-reporting-company\">Ethereum<\/a>.<\/p>\n<p>In July, as part of Digital Large Cap <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-adds-cardano-to-digital-large-cap-fund\">added<\/a> the cryptocurrency Cardano (ADA).<\/p>\n<p>As of July 2, the asset share stood at 4.26%. Bitcoin and Ethereum accounted for 67.47% and 25.39% of the fund&#8217;s assets respectively. Bitcoin Cash, Litecoin and Chainlink accounted for 1.03%, 0.99% and 0.86%, respectively.<\/p>\n<p>According to Sam, the SEC&#8217;s <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-plans-to-convert-bitcoin-trust-into-an-etf\">conversion<\/a> of Grayscale&#8217;s Bitcoin Trust (GBTC) into a Bitcoin ETF may take until 2022. He believes that the accountable status of GBTC would give the company a relative edge over competitors.<\/p>\n<p>Earlier, Osprey Funds <a href=\"https:\/\/u1f987.com\/en\/news\/osprey-funds-files-form-10-with-the-sec-to-register-bitcoin-trust-obtc\">filed<\/a> with the SEC an application to register a Bitcoin trust.<\/p>\n<p>Earlier in QCP Capital <a href=\"https:\/\/u1f987.com\/en\/news\/qcp-capital-questions-risks-of-gbtc-lock-up-period-ending-for-bitcoin\">expressed concerns<\/a> about the risks of the GBTC lock-up period ending for the price of the first cryptocurrency.<\/p>\n<p> Sign up for ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 all the news stream, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grayscale Digital Large Cap has been registered as a trust regulated by the U.S. Securities and Exchange Commission (SEC). The digital assets manager Grayscale Investments has pledged to provide the regulator with audited 10-K and 10-Q reports.<\/p>\n","protected":false},"author":1,"featured_media":45947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1269,1214,943,36,128],"class_list":["post-45946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrencies","tag-grayscale-bitcoin-trust","tag-grayscale-investments","tag-regulation","tag-sec"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=45946"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45946\/revisions"}],"predecessor-version":[{"id":45948,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45946\/revisions\/45948"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/45947"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=45946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=45946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=45946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}