Grayscale has filed for a spot Worldcoin ETF as WLD price rises 4.5% and breaks above a falling channel, with $0.3796 resistance ahead.
- Grayscale has filed for a spot Worldcoin (WLD) ETF with the SEC, aiming to offer investors exposure to the token through traditional brokerage accounts.
- The proposed ETF, GWLD, would trade on Nasdaq and track the CoinDesk Worldcoin Benchmark Rate, with BitGo Bank & Trust as custodian.
- Despite the filing, regulatory concerns regarding biometric data collection and WLD's potential securities status remain significant risks.
Topics: Asset types, Institutional adoption, Legal regulatory, Alternative assets, Asset manager initiatives, Securities law classification
Tags: #worldcoin #grayscale #wld #etf #sec #nasdaq #gwld #biometricdata #digitalidentity #worldnetwork
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