Grayscale seeks SEC approval to convert its $520 million Digital Large Cap Fund into a spot ETF, following past successes.
Grayscale Investments liquidated its holdings in Cardano (ADA) and reinvested in XRP, resulting in a new holding of 16.7 million XRP. This shift in Grayscale's Digital Large Cap (DLC) Fund asset allocation has highlighted speculation about a potential XRP price surge.