Grayscale Pursues NYSE Arca Spot ETF Conversion for $97.6M Litecoin (LTC) Trust

Grayscale updated its filing to convert its $97.6 million Litecoin Trust into a spot ETF on NYSE Arca. The SEC's decision remains pending. If approved, the ETF would provide investors with direct exposure to Litecoin (LTC) through a regulated exchange-traded product, potentially boosting LTC's accessibility and market appeal.