Grayscale Files for Worldcoin ETF: WLD Surges 4.5% Amid Institutional Push
Grayscale has officially filed an S-1 registration statement with the SEC for a Worldcoin exchange-traded fund (ETF), aiming for a Nasdaq listing under the ticker GWLD. This strategic move seeks to provide institutional-grade access to WLD tokens, marking a significant milestone in the mainstream integration of the Worldcoin ecosystem.
While the WLD token responded positively with a 4.5% jump to $0.37, the asset remains in a deep recovery phase, trading 97% below its 2024 peak. The success of this Grayscale Worldcoin ETF will depend heavily on regulatory clarity and the broader market appetite for biometric-based crypto assets.
The proposed Grayscale Worldcoin ETF would serve as a new wrapper for the asset, holding WLD tokens directly. Despite the immediate price action, the market notes that WLD is still struggling to regain momentum, currently sitting 97% below its 2024 high.
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