|

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

XRP sell-off deepens amid weak retail interest, risk-off sentiment

Ripple (XRP) is edging lower around $1.36 at the time of writing on Wednesday, weighed down by low retail interest and macroeconomic uncertainty, which is accelerating risk-off sentiment.

Crypto Today: Bitcoin, Ethereum, XRP extend sell-off amid negative funding rates 

Bitcoin is down 15% in February and looks poised to extend its losses toward the yearly low of $60,000. Ethereum and Ripple are following in Bitcoin's footsteps, weighed down by a weak derivatives market. 

Hyperliquid tests key support as sell-side pressure intensifies

Hyerliquid (HYPE) drops to its 50-day Exponential Moving Average (EMA) at $28.85 at the time of writing on Wednesday, extending a decline of roughly 10% so far this week. 

Stellar Price Forecast: XLM risks revisiting $0.136 as sell-off continues

Stellar is trading below $0.160 at the time of writing on Wednesday, extending its correction for the fifth consecutive day. The bearish price action is further supported by rising short bets and declining Open Interest in the derivatives market. 

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%.