As exchange-traded funds (ETFs) rebounded after an eight-week outing streak, Grayscale took the opportunity to strengthen its presence in altcoin ETFs.
In his S‑1 filing on July 20, 2026, the asset manager proposed launching a Worldcoin ETF (WLD) with the United States Securities and Exchange Commission (SEC).
The Trust, established as a Delaware statutory trust on July 10, 2026, is designed solely to hold WLD tokens. However, it also gives investors exposure to the price of WLD without requiring them to purchase or manage the cryptocurrency directly.
More details on the Worldcoin ETF deposit
That said, Grayscale intends to list the fund on Nasdaq with the symbol “GWLD.” This would allow for a faster launch, in line with generic SEO standards.
Additionally, the filing also highlights that it is not a regulated commodity pool or a registered investment company. Simply put, investors do not have the same protections as with conventional mutual funds or CFTC-regulated products.
In a corporate sense, the sponsor (Grayscale Investments Sponsors, LLC) is part of a chain of Grayscale entities that are all ultimately owned by Digital Currency Group (DCG). In fact, the current WLD and its private keys will be held by BitGo Bank & Trust. During this time, CSC Delaware Trust Company will act as trustee and BNY Mellon will act as transfer agent and administrator.
Impact on the overall performance map of WLD and Grayscale
This came at a time when Worldcoin price was trading at $0.3858 at press time, up 7.97% from the previous day.
While Grayscale is moving forward with the WLD ETF, its other ETFs are seeing mixed performance. For example, on July 20, Grayscale’s BTC saw $41.4 million in inflows and its GBTC saw $45.4 million in outflows. In contrast, Grayscale’s other altcoin ETFs saw no inflows.
Amidst this, AMBCrypto also observed an intriguing trend. They pointed out that Bitcoin (BTC) spot ETF inflows have been positive since July 14, but the capital injection has not been enough to significantly increase prices.
Final summary
- Grayscale has filed an S-1 for its Worldcoin ETF and intends to list the fund under the symbol “GWLD.”
- The price of WLD jumped almost 8% in the last 24 hours.
