Worldcoin ETF Filing Marks Grayscale’s Push to Launch First US WLD Fund

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What to Know

  • Worldcoin ETF filing by Grayscale aims to launch the first U.S. exchange-traded fund tracking WLD.
  • The proposed GWLD ETF will trade on Nasdaq, with BitGo as custodian and BNY Mellon as administrator.
  • If approved, investors can gain WLD exposure without directly buying or holding the token.
Worldcoin ETF

Worldcoin ETF move was made possible after Grayscale submitted an S-1 registration document to the SEC (Securities and Exchange Commission) in the United States on Monday for the introduction of the world’s first exchange-traded fund in the United States based on Worldcoin (WLD).

If approved, the Worldcoin ETF will allow investors to access the WLD token through an exchange-traded vehicle without having to directly purchase or hold the coin.

Source: sec.gov

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Worldcoin ETF Set for Nasdaq Under GWLD Ticker

As per the provisional prospectus document, the new fund called Worldcoin ETF would be traded on the NASDAQ exchange under the symbol GWLD.

For the storage of the worldcoins (WLD), Grayscale chose the company named BitGo Bank & Trust. BNY Mellon has been appointed by Grayscale for administrative purposes, while CSC Delaware Trust Company was chosen as the trustee.

The filing lacks information on the management fee for the fund, the seed investment for the fund, the authorized participants, and the liquidity providers. It is expected that the details will come out in future filings.

What Is Worldcoin

WLD is the official coin of Worldcoin and belongs to the ERC-20 cryptocurrency type and operates using the Ethereum blockchain. The coin is used within World, an initiative launched by Sam Altman, the CEO of OpenAI.

This platform utilizes biometrics to differentiate humans from bots. The purpose of the identity system developed for World is to facilitate access to the platform by verifying that users are not bots.

Worldcoin ETF Marks Grayscale Expansion

The new Worldcoin ETF will be yet another product in the existing range of cryptocurrency investments by Grayscale.

At present, there are 17 exchange-traded products related to cryptos, such as those for Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Dogecoin (DOGE), and Chainlink (LINK).

Grayscale is continuing its expansion into other cryptocurrencies with the launch of the filing for the Worldcoin ETF, thus allowing its investors to diversify their holdings via regulated products. The approval of the Worldcoin ETF would mean that WLD becomes available to a wider audience via the conventional market.

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Zagham Abbas

Zagham Abbas

Zagham Abbas is a Blockchain Infrastructure Reporter at Tron Weekly with over five years of experience covering cryptocurrency markets, blockchain infrastructure, and digital asset regulation. His reporting focuses on core blockchain networks, protocol-level developments, decentralized finance ecosystems, and major assets such as Bitcoin, Ethereum, and altcoins.
Zagham covers network upgrades, protocol changes, scalability developments, security incidents, and ecosystem adoption across leading blockchain platforms. He also provides market analysis, explaining how infrastructure updates and regulatory actions impact digital asset markets. His work delivers clear, fact-based reporting for both beginners and experienced readers. He holds a Bachelor of Arts degree and follows strict editorial and fact-checking standards at Tron Weekly.

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