Grayscale Files for New Worldcoin ETF

Worldcoin is seeing a fresh wave of momentum. The price of the WLD token climbed about 4.5 percent to reach $0.37 following news that Grayscale Investments has filed to launch a new exchange traded fund. The firm submitted its registration statement to the United States Securities and Exchange Commission earlier today.

The proposed financial product intends to hold WLD tokens directly. If approved, the fund would offer investors a way to gain exposure to the project through a regulated financial vehicle. This move signals continued interest from institutional firms in crypto projects that aim to solve identity and networking challenges.

Investors are now keeping a close eye on the SEC. Regulatory approval for such products often takes time and carries no guarantees. For now, the market is reacting with cautious optimism as traders watch to see if this filing paves the way for wider adoption of the World Network ecosystem.