Greyscale has submitted Worldcoin ETF registration documents to the US SEC, and the first US Exchange Trading Fund linked to WLD is planned. Following the release of the news, the WLD short line went up and the market reacted quickly to the product's declaration.
We're going to hang in NASDAQ.
According to the document, the fund, called Grayscale Worldcoin ETF, is a passive product with a core asset of WLD, the original currency of World Network. The Fund is to be listed in NASDAQ with the trade code GWLD.
The document indicates that the Fund will track WLD prices through CoinDesk Worldcoin Benchmark Late. Bitgo Bank & Trust is proposed to act as trustee, and Melon Bank, New York, will be responsible for transfer and administration.
WLD short-line rebound
The CoinGecko data show that WLD rose by about 8 per cent in 24 hours to 0.387 dollars in the disk, which was driven by the application. But in the longer term, the token has fallen by about 5.5 percent over the past seven days.
- 24 hours increase approximately 8%
- Medium-high-point approximately $ 0.387
- Nearly 7 days still fell by about 5.5%.
In terms of market value, WLD currently ranks 55th among encrypted assets, with a market value of approximately $1.4 billion.
Project World goes into Wall Street.
Worldcoin was renamed World in 2024. The project, which was created with the participation of Sam Altman, Chief Executive Officer of OpenAI, is focused on the “truths of truth” system. Orb creates World IDs by scanning iris to verify that users are real people, not AI robots, and distributes WLDs to users who complete the validation.
However, the project also continues to receive regulatory attention for biometric data collection, which has been reviewed in the EU and in Brazil, Kenya and elsewhere.
Greyscale continues to expand the ETF product. Line
This application also shows that the greyscale is still driving the expansion of encrypted ETF products. Previously, the company had converted the Bitcoin Trust to ETF, then launched an ETA-related fund and submitted applications or products around the assets of Dogecoin, Solana, XRP, Litecoin and Chainlink.
If the product is approved, ordinary investors will hold WLD indirectly through the United States voucher account. However, pending formal transactions, the Fund still has to wait for registration to take effect and to meet NASDAQ listing requirements.
