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SEC Breakthrough Lets Grayscale Launch First Multi-Token ETF

Reported by Bloomberg
Sep 18, 2025· 2 min read
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Key Takeaways
  • • Source material for this story is limited: the original Bloomberg article could not be retrieved, and the only available content is a headline and a supplemental social post dated October 28, 2026, which does not match the story date of September 18, 2025.
  • • The headline reports that the SEC's regulatory breakthrough allows Grayscale to launch the first multi-token ETF, according to Bloomberg.
  • • The supplemental material concerns a separate event: Moody's assigned Ripple's RLUSD stablecoin an A2 investment-grade rating and its highest short-term rating, P-1, on a $2.6B reserve base targeting 103% coverage with U.S. Treasuries and cash.
Summary
Bloomberg reported under the headline that an SEC breakthrough would let Grayscale launch what it described as the first multi-token exchange-traded fund. The original article could not be retrieved, so the mechanics of the product, its token holdings, fee structure, and launch timing cannot be confirmed from available sources.

The only other available item is a Cryptopolitan post, dated October 28, 2026, reporting that Moody's assigned Ripple's RLUSD stablecoin an A2 investment-grade rating and its highest short-term rating, P-1, citing strong credit quality and repayment capacity. The post describes the $2.6B stablecoin as targeting 103% reserve coverage with U.S. Treasuries and cash. That report concerns a different event and a different date, and it is not part of the Grayscale story.

Readers should treat the Grayscale multi-token ETF development as reported by Bloomberg in headline form only, pending access to the full article.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Bloomberg SEC Breakthrough Lets Grayscale Launch First Multi-Token ETF