Grayscale Seeks SEC Nod for Bitcoin Cash and Hedera ETFs

Grayscale filed paperwork with the ￰0￱ and Exchange Commission (SEC) on Tuesday for three crypto exchange-traded funds, expanding its roster of potential offerings as issuers jockey for regulatory ￰1￱ asset manager submitted an S-1 registration for a Litecoin (LTC) ETF, a move that follows its earlier bid to convert the Grayscale Litecoin Trust into an ￰2￱ the same time, it lodged S-3 filings for exchange-traded funds tied to Bitcoin Cash (BCH) and Hedera (HBAR). If approved, the products would join a lineup that already includes spot bitcoin and ether ETFs launched last ￰3￱ filings underscore Grayscale’s push to diversify its crypto-linked investment products while regulators weigh how far to open the door to such ￰4￱ a day earlier, the firm sought to convert its Chainlink (LINK) Trust into an ETF, signaling a rapid pace of applications despite regulatory ￰5￱ is not alone.

Fidelity, VanEck and several other issuers have lined up proposals for digital-asset funds in hopes that the SEC will sign off on more products later this ￰6￱ executives say broader approval could help mainstream investors gain exposure to cryptocurrencies through regulated markets, while potentially easing concerns about custody and ￰7￱ now, the SEC under Chair Paul Atkins has delayed decisions on a range of crypto ETF applications. A green light from regulators would give investors a way to trade crypto exposure alongside traditional securities in brokerage accounts.