Grayscale Files for Litecoin, Bitcoin Cash, and Hedera ETFs with SEC
Grayscale has filed with the U.S. SEC for three new crypto exchange-traded funds (ETFs), aiming to expand its product offerings.
- Submitted an S-1 registration for a Litecoin ETF, following a prior attempt to convert the Grayscale Litecoin Trust.
- Lodged S-3 filings for ETFs linked to Bitcoin Cash and Hedera.
- If approved, these would join existing spot bitcoin and ether ETFs launched last year.
- Also applied to convert its Chainlink Trust into an ETF.
Other firms, including Fidelity and VanEck, are also proposing digital-asset funds as they await SEC approvals, which could enhance mainstream investment in cryptocurrencies through regulated channels. Currently, the SEC has postponed decisions on various crypto ETF applications.