On February 5th, according to disclosure documents, the New York Stock Exchange (NYSE) has filed Form 19b-4, applying to convert the Grayscale Litecoin Trust (Grayscale Litecoin Trust) into a spot Litecoin ETF.
The application is part of a proposed rule change that will be reviewed by the Securities Exchange Commission and open to public comment. If approved, it would be another compliant spot crypto ETF after bitcoin and ethereum ETFs, or bring new liquidity and investment opportunities to the LTC market. The SEC has previously approved bitcoin spot ETFs and is reviewing other crypto ETF applications.
NYSE applies to convert Grayscale Litecoin Trust into a spot LTC ETF
2025-02-05 14:21:33
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