New Grayscale ETF holds multiple cryptocurrencies together, combining bitcoin, Solana and others

Grayscale Investments has brought a caller twist to crypto investing, rolling retired the archetypal multi-token exchange-traded merchandise disposable successful the U.S.

The Grayscale CoinDesk Crypto 5 ETF begins trading Friday connected NYSE nether the ticker GDLC. The money bundles unneurotic the 5 largest and astir liquid integer assets — bitcoin, ether, XRP, Solana, and Cardano. These 5 tokens seizure much than 90% of the marketplace capitalization of the digital-asset class, according to Grayscale.

"We are ushering successful the property of crypto scale investing," Peter Mintzberg, CEO of Grayscale, told CNBC. "We are typically successful the archetypal mover position. Grayscale volition proceed innovating astatine standard for investors to entree the fastest increasing plus people of the past 10 years."

The long-awaited motorboat followed an support Wednesday evening from the Securities and Exchange Commission that allowed Grayscale to person its Digital Large Cap Fund into an ETF and allocate to aggregate integer coins.

The determination underlines the increasing appetite among organization and retail investors for diversified crypto exposure. The plus people is becoming much mainstream nether the Trump medication aft the White House's determination to open retirement plans to alternate assets including cryptocurrencies. 

The money allocates astir 70% to bitcoin and 20% to ether. The merchandise has existed successful different forms since 2018, astir precocious trading implicit the counter.

GDLC has gained much than 40% successful 2025 arsenic galore cryptocurrencies deed grounds highs. GDLC has outpaced bitcoin by astir 11% since June, arsenic each 4 different assets successful the money outperformed the largest integer token.