Grayscale CoinDesk Crypto 5 ETF

GDLC

Market cap $824M

In a year marked by shifting interest rates, evolving credit markets, and growing investor appetite for alternative assets, several new funds have debuted, each designed to meet the changing needs of today's diversified portfolios.

STAMFORD, Conn., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world's largest digital asset-focused investment platform*, today announced a major industry first: Grayscale Ethereum Trust ETF (Ticker: ETHE) and Grayscale Ethereum Mini Trust ETF (Ticker: ETH) have become the first U.S.-listed spot crypto ETPs to enable staking.

Spot crypto exchange-traded funds (ETFs) have attracted significant inflows of capital since the first ones were approved at the start of 2024. They offer a regulated and accessible way for institutional and retail investors to add crypto to their portfolios, but they've mostly only included Bitcoin (BTC 2.17%) and Ethereum (ETH 2.41%).

Two recent Securities and Exchange Commission decisions should lead to a wave of new ETFs. Crypto ETFs covering more digital currencies, such as solana and XRP, are to be expected in the months ahead after the SEC greenlit an expedited listing process.

Last week, the SEC approved rule changes that are likely to further result in an even greater supply of cryptocurrency related exchange traded products. In January 2024, the first wave of spot bitcoin ETFs began trading in the U.S. Demand for these products was stronger than many expected, including me.

@CoinDesk's Andy Baehr returns to the NYSE set to talk about the launch of the Grayscale Coindesk Crypto 5 ETF (GDLC) and how it gives investors access to a "basket" of new and established cryptocurrencies. He expects Bitcoin to continue leading the charge in the industry but notes Solana and XRP as rising giants.

Grayscale Investments launched the first multi-asset crypto exchange-traded product (ETP) today that provides exposure to the top five largest and most liquid coins: the Grayscale CoinDesk Crypto 5 ETF (GDLC). The fund tracks the CoinDesk 5 Index, providing exposure to the crypto market's largest movers and shakers—Bitcoin, Ethereum, XRP, Solana, and Cardano.

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.

STAMFORD, Conn., Sept. 19, 2025 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world's largest digital asset-focused investment platform, today announced that Grayscale CoinDesk Crypto 5 ETF (Ticker: GDLC), formerly known as Grayscale Digital Large Cap Fund, has begun trading on NYSE Arca as a multi-asset ETP, the first of such products available in the U.S.¹ GDLC, an exchange traded product, is not registered under the Investment Company Act of 1940 (or the '40 Act) and therefore is not subject to the same regulations and protections as '40 Act-registered ETFs and mutual funds.

The SEC's approval of Greyscale Investment's Digital Large Cap Fund‘s (GDLC) ETF conversion expands crypto access beyond single assets. As the first multi-token fund, it diversifies across top cryptos like BTC, ETH, XRP, SOL, and ADA.