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Grayscale submits multiple documents to the SEC seeking approval for BCH, Hedera, and LTC ETFs.
Golden Finance reports that Grayscale has submitted multiple documents to the U.S. SEC, applying to launch ETFs tracking Bitcoin Cash, Hedera, and Litecoin. The plan is to convert existing related closed-end trusts, with the process consistent with the 2024 Bitcoin and Ethereum trust to ETF conversion, and aims to list on the NYSE Arca or Nasdaq. Meanwhile, the SEC has delayed the approval of Grayscale's Spot Hedera ETF and Bitwise's Spot DOGE ETF.