Grayscale Pushes Litecoin Trust Toward ETF
Grayscale Investments has filed an amended SEC statement seeking to convert its Litecoin Trust into a spot ETF.
The proposed fund would trade on NYSE Arca under the ticker LTCN if approved. The conversion would also rename the vehicle the Grayscale Litecoin Trust ETF.
Bloomberg analysts have placed the approval odds near 100%, according to the latest assessment.