Grayscale Digital Large Cap Fund gets SEC nod to convert into spot crypto ETF
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 01 2025
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Source: SeekingAlpha
Grayscale Fund Conversion: Grayscale has received SEC approval to convert its Digital Large Cap Fund into a spot crypto exchange-traded fund, which is primarily focused on Bitcoin but also includes other cryptocurrencies like Ether and XRP.
Fund Details: The GDLC fund, launched in February 2018, manages $659.8 million in assets with a 2.50% expense ratio, and recently introduced a new fund investing in the SXT token from the Space and Time blockchain.
Analyst Views on GDLC
Wall Street analysts forecast GDLC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GDLC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 42.650
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Current: 42.650
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
