Grayscale Seeks SEC Approval for Litecoin, Bitcoin Cash, and Hedera ETFs
September 10, 2025
Grayscale filed with the U.S. Securities and Exchange Commission (SEC) on Tuesday for three new crypto exchange-traded funds, following Monday’s application to convert its Chainlink (LINK) Trust into an ETF. The filings signal a rapid expansion of Grayscale’s ETF lineup despite ongoing regulatory uncertainty.
The filings include an S-1 registration for a Litecoin (LTC) ETF and S-3 filings for ETFs tied to Bitcoin Cash (BCH) and Hedera (HBAR). If approved, these products would join the firm’s existing suite, which includes spot bitcoin and ether ETFs launched last year.
Grayscale’s push comes as other major issuers, including Fidelity and VanEck, have submitted similar proposals, seeking to offer mainstream investors regulated exposure to cryptocurrencies while addressing concerns around custody and transparency.
The SEC, under Chair Paul Atkins, has delayed decisions on several crypto ETF applications. Regulatory approval would allow investors to trade crypto alongside traditional securities within brokerage accounts, further bridging digital assets and conventional financial markets.
