Grayscale Files S-1 for First US Worldcoin ETF — SkimNews
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- Grayscale filed an S-1 registration on Monday for the first US Worldcoin ETF, intended to list on Nasdaq under the symbol GWLD.
- BitGo Bank & Trust would custody the WLD token, with BNY Mellon serving as administrator and transfer agent and CSC Delaware Trust Company as trustee.
- The S-1 filing does not yet disclose management fees, seed investment, authorized participants or liquidity providers.
- Worldcoin (WLD) is an ERC-20 token built on Ethereum and serves as the native token of the World project, which uses biometric verification to distinguish humans from bots.
- The proposed ETF expands Grayscale's lineup to 17 crypto-related exchange-traded products, already spanning Bitcoin, Ether, XRP, Solana, Dogecoin and Chainlink.
- WLD jumped 8% on the ETF filing news, according to Decrypt's coverage of the same story.
Why it matters: Grayscale now offers a regulatory pathway for US investors to gain exposure to WLD without holding the token directly, and the filing price could provide a price-discovery test for a biometric-identity project still seeking mainstream legitimacy. The absent fee structure and authorized participants signal this is an early-stage filing, meaning approval and actual trading could still be months away.
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