What just happened may turn into one of the most important regulatory moments in crypto history. The U.S. Securities and Exchange Commission has approved the listing and trading of the Grayscale Digital Large Cap Fund, known as GDLC. This fund tracks the CoinDesk 5 Index, which includes Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA).
For the first time, a multi asset spot crypto ETF can now move forward under generic listing standards without requiring case by case reviews. That detail may sound technical, yet it is a breakthrough that changes how fast new funds can launch and how easily investors can access them.
A crypto commentator, Mauro Andreoli, also known as Cardano ambassador, captured the importance in a single post, calling it “a meaningful step that opens wider rails for adoption and makes the near future especially promising.” His words point to something bigger than just one fund. They suggest a turning point for how mainstream markets view crypto.
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Why This Approval Matters for Ethereum, Solana, Cardano, Bitcoin, and Ripple
The inclusion of these five tokens is not random. BTC dominates with more than 80% of the fund’s weight, ETH holds around 11%, XRP has gained fresh recognition after its long legal fight, SOL sits near 2.7%, and ADA takes about 0.8%. Together, they represent a carefully balanced basket of major digital assets.
For ETH, the move strengthens its standing as the leading smart contract platform. For SOL, it highlights how high speed blockchains are getting institutional attention. For ADA, the inclusion is symbolic as much as financial, confirming its place alongside giants despite being a smaller portion. For BTC, it reinforces its role as the anchor of the market. For XRP, it signals a shift in perception, showing that despite past lawsuits, it is now back in the regulated spotlight.
Andreoli noted that while GDLC does not stake holdings, it gives institutional investors a clean, regulated path into ADA and the other assets. That access could draw capital from sources that previously stayed away due to uncertainty.
🔵 The SEC (U.S. Securities and Exchange Commission) has approved Grayscale’s Digital Large Cap Fund (GDLC) to trade under the newly adopted generic ETF listing standards, a milestone that enables multi asset spot crypto ETFs to come to market without case by case reviews and… pic.twitter.com/NlvFkWNnZm
— Mauro Andreoli || Cardano Ambassador (@MauroAndreoliA) September 18, 2025
How SEC Approval Could Influence Token Prices
The immediate question is what this means for the price of BTC, ETH, XRP, SOL, and ADA. Mauro Andreoli’s explanation suggests that the approval creates a new gateway for large investors, which can naturally boost liquidity and market depth.
BTC may see the largest benefit simply because of its heavy weighting. More inflows to the fund likely mean more demand for Bitcoin on the open market. ETH could experience a similar though smaller effect, especially as its share of the fund still represents a large slice of exposure.
For XRP, this approval carries more than financial weight. After years of legal battles with the SEC, its inclusion in a regulated fund is almost symbolic redemption. The price could reflect that shift in sentiment as new resistance levels are tested.
SOL stands to gain from the perception of legitimacy. Even at just under 3% of the fund, institutional buying pressure can drive volume and potentially fuel a stronger market presence. ADA, though the smallest weighting, gets a powerful endorsement by being placed alongside these networks. Even small inflows could make a visible impact on price given its market dynamics.
Broader Effects on Adoption and Regulation
The SEC’s green light does more than lift a handful of tokens. It signals that crypto markets are moving closer to integration with traditional finance. New York Stock Exchange or Nasdaq listings of similar products may follow. More funds could appear, covering other baskets of tokens and widening investor access.
This kind of clarity has been missing for years. Without it, many conservative investors avoided crypto entirely. Now, regulated vehicles like GDLC lower the barrier. Liquidity could increase, volatility may smooth out, and mainstream participation might grow at a pace not seen before.
Andreoli’s emphasis on “reinforcing Cardano’s standing among top tier digital assets” also hints at the reputational effects. Being part of a regulated ETF validates projects not only financially but also socially, showing that they have earned a place at the table with global institutions.
Read Also: Here’s How Conflux (CFX) Could See Its Next 150% Spike
What Comes Next for Ripple, Solana, and Cardano
The story does not end with this single fund. SEC approval under generic standards means that more products will follow. Ripple, Solana, and Cardano may become easier to access for everyday investors through their brokerage accounts, without needing crypto exchanges. That level of convenience could quietly reshape demand.
For Ripple, this is a chance to rebuild trust and expand adoption beyond its payment use case. For Solana, it is a vote of confidence that may encourage more developers and traders to commit to its ecosystem. For Cardano, the smallest of the group by fund weight, it is an opportunity to show that even modest inclusion can lead to larger recognition and growth.
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