Grayscale files to launch Worldcoin ETF, WLD price jumps nearly 8%
Grayscale has filed with the U.S. SEC to launch a Worldcoin (WLD) ETF under the ticker GWLD, allowing investors to gain exposure to WLD without directly holding the cryptocurrency. The ETF will be listed on Nasdaq and is structured as a Delaware statutory trust holding WLD tokens. This move comes as WLD's price rose nearly 8% in 24 hours. While Grayscale's Bitcoin ETFs saw mixed flows, the new Worldcoin ETF could strengthen its position in altcoin ETFs and attract more investor interest.
Grayscale has filed with the U.S. SEC to launch a Worldcoin (WLD) ETF under the ticker GWLD, allowing investors to gain exposure to WLD without directly holding the cryptocurrency. The ETF will be listed on Nasdaq and is structured as a Delaware statutory trust holding WLD tokens. This move comes as WLD's price rose nearly 8% in 24 hours. While Grayscale's Bitcoin ETFs saw mixed flows, the new Worldcoin ETF could strengthen its position in altcoin ETFs and attract more investor interest.
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