Grayscale files for a spot Worldcoin ETF, pushing WLD price up 4%.

Grayscale has filed with the U.S. SEC to launch a spot Worldcoin ETF under the ticker GWLD, aiming to offer regulated exposure to the Worldcoin token for institutional and traditional investors. The ETF would trade on Nasdaq once the WLD token meets listing standards and will use in-kind creations and redemptions to enhance efficiency, with BitGo as custodian. This move could make it the first spot Worldcoin ETF in the U.S., boosting interest in Worldcoin, which rose over 4% after the filing despite recent price declines. The broader crypto market is also strengthening, highlighted by Bitcoin's rise above $65,000 amid geopolitical tensions.