The U.S. Securities and Exchange Commission (SEC) has approved the listing and trading of the Grayscale Digital Large Cap Fund, which covers the following cryptocurrencies: • Bitcoin ($BTC ) • Ethereum ($ETH ) • Ripple (XRP) • Solana (SOL) • Cardano ($ADA ) It has also approved the listing and trading of cash-settled options on: • Cboe Bitcoin U.S. ETF • Mini-Cboe Bitcoin U.S. ETF This decision is a major step in regulating and expanding access to cryptocurrency-related investment products for institutional and individual investors.

🔷️ On September 17: 🔴 Spot $Bitcoin ETFs saw a $51M net outflow. 🔴 Spot $Ethereum ETFs experienced a $2M net outflow. ⚠️ This is not investment advice. #crypto# #bitcoin# #eth#ereum# #btc# #eth#

The institutional holdings of BTC and ETH account for > 18% of the circulating supply; SOL currently only accounts for 9.5%. This is the reason why I currently hold almost no ETH and am switching to SOL. Only a small portion of BTC has been exchanged; this is the foundation and cannot be easily swapped.