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.
This continues the flurry of crypto-related ETFs that have flooded in ever since US President Donald Trump took office and designated Mark Uyeda as the acting US SEC Chair.
The post Breaking: Grayscale & Coinshares File For Litecoin ETF With US SEC appeared first on CoinGape.
