Breaking: Grayscale & Coinshares File For Litecoin ETF With US SEC

1 day ago 15
 Grayscale & Coinshares File For Litecoin ETF With US SEC

Asset managers Grayscale and Coinshares have both filed with the US Securities and Exchange Commission (SEC) to offer a Litecoin ETF. This makes them the second and third fund managers to do so after Canary Capital.

Grayscale And Coinshares File For Litecoin ETF

In an X post, the President of the ETF Store, Nate Geraci, revealed that Grayscale and Coinshares have filed with the US SEC to offer a Litecoin ETF. In Grayscale’s case, the asset manager filed a 19b-4 form to list and trade its Grayscale Litecoin Trust as an ETF.

Meanwhile, Coinshares filed an S-1 form with the Commission to offer an LTC ETF. These are the second and third applications for such ETF following Canary Capital’s filing last year.

The post Breaking: Grayscale & Coinshares File For Litecoin ETF With US SEC appeared first on CoinGape.

Read Entire Article