The first of many ETFs containing multiple cryptocurrencies is already available.

Spot crypto exchange-traded funds (ETFs) have attracted significant inflows of capital since the first ones were approved at the start of 2024. They offer a regulated and accessible way for institutional and retail investors to add crypto to their portfolios, but they've mostly only included Bitcoin ( BTC 2.20% ) and Ethereum ( ETH 2.28% ) . That's changing with a pro-crypto administration and evolving guidance from the Securities and Exchange Commission ( SEC ) on crypto ETF approvals.

September 19 saw the launch of the Grayscale CoinDesk Crypto 5 ETF ( GDLC 1.70% ) , the first-ever multi-crypto ETF, containing five of the biggest cryptos by market cap. Grayscale managed to beat c

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