According to the source, the SEC approved the listing and trading of the Grayscale Digital Large Cap Fund and p.m.-settled options on the Cboe Bitcoin U.S. ETF Index and the Mini-Cboe Bitcoin U.S. ETF Index, source: provided post. The fund reportedly covers BTC, ETH, XRP, SOL, and ADA, indicating expanded regulated access to large-cap crypto exposure via U.S.-listed products, source: provided post. This enables on-exchange hedging, volatility trading, and basis strategies around BTC index proxies, with potential liquidity and price-discovery effects across ETH, XRP, SOL, and ADA during U.S. p.m. settlement, source: provided post.