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Grayscale files for Worldcoin ETF despite WLD token down 97% from peak.

Market News
20 Jul 2026
BeInCrypto
View Source
Bearish
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Grayscale has filed with the SEC to launch a spot Worldcoin ETF under the ticker GWLD on Nasdaq. The filing reveals significant risks, including biometric bans in seven countries and a high concentration of 90% of WLD tokens held by the top 100 wallets. Worldcoin's token price has dropped about 97% from its March 2024 high of $11.74 to around $0.375 currently. Approval from the SEC and Nasdaq is pending, and the ETF's success may depend on upcoming token unlocks and regulatory developments.

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