Grayscale wins approval for first public digital currency index fund

Grayscale Investments has received approval from the Financial Institution Regulatory Authority to offer a publicly traded large cap cryptoasset fund. As of 9/30/2019, the fund was comprised of 80.3% bitcoin ($BTC), 9.9% ethereum ($ETH), 5.8% XRP ($XRP), 2.2% bitcoin cash ($BTC) and 1.8% litecoin ($LTC).

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