Grayscale filed new paperwork with the U.S. Securities and Exchange Commission on Tuesday as it seeks to expand its roster of crypto exchange-traded funds. The filings include an S-1 registration for a Litecoin (LTC) ETF and S-3 registrations tied to Bitcoin Cash (BCH) and Hedera (HBAR).
The moves follow a separate filing on Monday to convert the Grayscale Chainlink (LINK) Trust into an ETF, underscoring a rapid pace of applications from the asset manager. If approved, these products would join the spot bitcoin and ether ETFs that launched last year and broaden the options available to investors seeking regulated crypto exposure.
Why this matters: ETF status can make crypto exposure easier to trade in traditional brokerage accounts and may ease investor concerns around custody and transparency. Grayscale’s filings arrive as other issuers — including Fidelity and VanEck — also pursue approval for various digital-asset funds, suggesting an industry-wide push to move more token exposure onto regulated markets.
That said, filings are only the first step. The SEC, under Chair Paul Atkins, has delayed decisions on a number of crypto ETF applications, and there is no guarantee these registrations will be approved. Investors should treat the announcements as important progress from issuers rather than final regulatory clearance.
What to watch next: timing of any SEC responses, whether the regulator signals broader acceptance of spot and altcoin-linked ETFs, and how market participants position products if approvals come through. For now, these filings mark another sign that institutional product providers are preparing for wider crypto adoption within regulated finance.
Source: CoinDesk. Read the original coverage for full details.