XRP News Today: SEC Halts Grayscale’s Digital Large Cap Fund Launch
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币界网报道：The SEC has halted Grayscale Investments' plan to launch a Digital Large Cap Fund, which would have included XRP alongside Bitcoin and Ethereum. The regulator cited concerns over the classification of XRP as a security in its ongoing lawsuit against Ripple. Grayscale had filed for the fund in October 2021, aiming to track CoinDesk's Digital Large Cap Select Index. The SEC's move comes despite a recent court ruling that XRP is not a security when sold to retail investors. Grayscale stated it remains committed to working with regulators to bring compliant crypto investment products to market.
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