Grayscale protests the SEC's delay in listing its multi-asset crypto ETF GDLC, stating that the suspension order lacks a legal basis and has harmed investors' interests. GDLC plans to hold BTC, ETH, XRP, SOL, and ADA, with BTC accounting for approximately 80%. If approved, it would be the first multi-asset crypto ETF in the United States. Grayscale stated that it had constructive discussions with the SEC and believes that the delay is more likely due to procedural reasons. [CoinDesk]