💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
The SEC has halted Grayscale's digital large-cap fund ETF conversion plan, which has entered the review stage.
According to Gate News bot, CoinDesk reports that the SEC has halted Grayscale's Digital Large Cap Fund's plan to convert to an ETF and has entered a further review phase.
The plan has previously been approved by the New York Stock Exchange Arca for a "fast track" rule change proposal, allowing shares of Grayscale Digital Large Cap Fund LLC to be traded. The SEC made a suspension decision on the accelerated approval of the rule change (SR-NYSEARCA-2024-87) (as amended by Amendment No. 1) under Section 19(b)(2) of the Exchange Act.
The fund is currently available for qualified investors in over-the-counter trading, with asset allocation including approximately 80% Bitcoin, about 11% ETH, and single-digit percentages of Solana, Cardano, and XRP.