|

Grayscale seeks SEC reporting status for Its digital large cap fund

The crypto asset manager's bitcoin and ethereum trusts both achieved reporting status last year.

Crypto asset manager Grayscale has filed for a third of its investment funds to be registered as a reporting company with the U.S. Securities and Exchange Commission (SEC).

  • In a Form 10 filing dated Thursday, Grayscale named its Digital Large Cap Fund, which aims to hold large-cap crypto assets together making up 70% of the digital asset market.
  • Once the SEC deems the registration effective, the trust will become subject to Regulation 13A under the Exchange Act.
  • That regulation brings regular reporting requirements, but can help attract more conservative investors.
  • The company's bitcoin (BTC, -10.89%) and ethereum (ETH, -11.29%) trusts secured reporting company status in January and October 2020, respectively. 
  • According to its latest update on Wednesday, Grayscale's Large Cap Fund now has over $630 million in assets under management. The firm manages $53.1 billion in assets overall.
  • Grayscale Investments is owned by Digital Currency Group, CoinDesk's parent company.

Author

CoinDesk Analysis Team

CoinDesk is the media platform for the next generation of investors exploring how cryptocurrencies and digital assets are contributing to the evolution of the global financial system.

More from CoinDesk Analysis Team
Share:

Editor's Picks

BNB prolonged correction signals deeper bearish momentum
BNB (BNB), formerly known as Binance Coin, is trading below $618 on Wednesday, marking the sixth consecutive day of correction since the weekend. The bearish price action is further supported by rising short bets alongside negative funding rates in the derivatives market.
Robinhood's fourth-quarter earnings miss estimates as crypto revenue falls

Retail investment platform Robinhood (HOOD) posted fourth-quarter revenue of $1.28 billion, a 27% year-over-year increase that nonetheless fell short of Wall Street's estimate of $1.35 billion, as a slump in crypto trading activity weighed on results.

Solana recovery falters as bearish market sentiment weighs in

Solana (SOL) struggles to sustain its recovery, retracing toward $80 at press time on Wednesday after losing over 4% the previous day. The high-speed blockchain retains interest among institutional investors, and maintains liquidity amid rising stablecoin supply.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP show no sign of recovery

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) show signs of cautious stabilization on Wednesday after failing to close above their key resistance levels earlier this week. BTC trades below $69,000, while ETH and XRP also encountered rejection near major resistance levels.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: The worst may be behind us

Bitcoin (BTC) price recovers slightly, trading at $65,000 at the time of writing on Friday, after reaching a low of $60,000 during the early Asian trading session. The Crypto King remained under pressure so far this week, posting three consecutive weeks of losses exceeding 30%.