Grayscale launches first multi-crypto spot ETF in the USA

10/5/2025, 6:00 PM
Eulerpool News Oct 5, 2025, 6:00 PM

Crypto Adoption in the US Takes a Big Step Forward: Asset Manager Grayscale Launches the Country's First Exchange-Traded Multi-Asset Crypto Product with the Grayscale CoinDesk Crypto 5 ETF. The ETF, tradable on the New York Stock Exchange under the ticker GDLC since October 1, bundles the five largest cryptocurrencies – Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA) – covering over 90% of the sector's total market capitalization.

Broad Diversification, Dynamic Weighting

Political Tailwind under Trump

The overall political climate also plays into the sector's hands: President Donald Trump promised during the campaign to be a "pro-Bitcoin president," to reduce regulation, and to build a national Bitcoin reserve. The goal is to make the U.S. the global center of the industry.

New Era for Crypto Investments

The step is likely to significantly facilitate access to cryptocurrencies for a broader investor audience and further advance the integration of digital assets into traditional investment portfolios.

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