In order to introduce what may be the first US exchange-traded fund (ETF) connected to Worldcoin’s WLD token, Grayscale has submitted an S-1 registration statement to the US Securities and Exchange Commission (SEC).
The proposed Grayscale Worldcoin ETF, which would provide investors with regulated exposure to Worldcoin without actually holding the cryptocurrency, is anticipated to trade on the Nasdaq under the ticker GWLD. If authorized, the ETF would add to Grayscale’s expanding line of cryptocurrency investment products and represent a significant advancement in the introduction of new digital assets into established financial markets.
Source: sec.gov
The preliminary prospectus states that BNY Mellon has been designated as administrator and transfer agent, while BitGo Bank & Trust will act as custodian for the ETF’s Worldcoin holdings. The planned fund’s trustee will be CSC Delaware Trust Company.
Several important information that investors usually seek, such as the management fee, seed capital, authorized participants, or liquidity sources, is not yet included in the file. As the SEC examines the application, these specifics are anticipated to be revealed in subsequent amendments.
WLD, the native token of Worldcoin, is an Ethereum blockchain-based ERC-20 token. It drives the World project, which uses biometric verification technologies to differentiate between humans and bots. OpenAI CEO Sam Altman co-founded the project, which has garnered a lot of interest due to its aspirations for digital identity and privacy-related discussions.
Instead of buying and storing the token themselves, investors could have exposure to WLD through a regulated exchange-traded product if the ETF is approved. As institutional and individual investors look for simpler ways to acquire digital assets through conventional brokerage accounts, these products have grown in popularity.
Additionally, Grayscale’s standing as one of the biggest cryptocurrency asset managers in the industry will be strengthened by the proposed fund. Assets including Bitcoin, Ether, Solana, XRP, Dogecoin, and Chainlink are among the 17 cryptocurrency-related investment products that the company now offers.
As authorities grow more at ease with cryptocurrency investment products, asset managers’ interest in branching out beyond Bitcoin and Ethereum is reflected in the file. Grayscale’s most recent application shows growing optimism that a greater variety of digital assets may eventually find their way into regulated investment vehicles, even if the approval process could take several months.
LATEST: ⚡️ Grayscale has filed an S-1 with the SEC for a spot Worldcoin ETF, set to trade as GWLD on Nasdaq if approved. pic.twitter.com/JWMM8AMfBg
— CoinMarketCap (@CoinMarketCap) July 21, 2026
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