The U.S. Securities and Exchange Commission (SEC) has invited public comments on a proposal to convert Grayscale’s Litecoin Trust into an exchange-traded product (ETP). The request follows an official acknowledgment of NYSE Arca’s 19b-4 filing, submitted on behalf of Grayscale.
US SEC Calls for Comments on Grayscale Litecoin ETF
The SEC has opened a public comment period regarding the proposed conversion of Grayscale’s Litecoin Trust into an ETF. The agency acknowledged NYSE Arca’s filing and has requested comments to be submitted within 21 days of the proposal’s publication in the Federal Register.
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