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SEC Approves Grayscale’s Crypto Index Fund Conversion to ETF – A Major Milestone for Digital Assets
SEC Approves Grayscale’s Crypto Index Fund Conversion to ETF – A Major Milestone for Digital Assets
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The SEC just handed crypto a win—Grayscale's index fund is now ETF-ready. Wall Street's about to get a taste of decentralized finance, whether they like it or not.
Why this matters: The greenlight means institutional money can finally flow into crypto without the usual regulatory headaches. Expect a surge of 'cautiously optimistic' analysts suddenly discovering blockchain's potential.
The irony? Traditional finance spent years dismissing crypto—now they'll repackage it as an 'innovative asset class' and charge 2% management fees. Progress, Wall Street-style.
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