Grayscale launches new ETF with name change

Bloomberg ETF analyst Eric Balchunas announced on the X platform that Grayscale and CoinDesk have partnered with CoinDesk to launch the “Grayscale CoinDesk Crypto 5 ETF”. The fund is a renamed version of Grayscale Digital Large Cap Fund (GDLC) and will begin trading on September 19. Related developments include the recent approval of options pegged to the Grayscale Digital Large Cap Fund and the Cboe Bitcoin U.S. ETF index.