Grayscale files to convert multi-crypto fund into ETF – Cointelegraph

Grayscale is working on converting its multi-crypto fund into an exchange-traded fund (ETF). This move will allow investors to gain exposure to a variety of cryptocurrencies through a single investment vehicle. Grayscale already offers several cryptocurrency trusts, but converting them into an ETF would make them more accessible to a wider range of investors. The process of converting a fund into an ETF involves filing with regulatory authorities and meeting certain requirements. While the conversion is still in progress, it could potentially open up new investment opportunities for those interested in cryptocurrencies.