Grayscale Plows Ahead with ETF Filings for BCH, LTC, HBAR

Grayscale submitted a litany of filings for spot ETFs tracking Bitcoin Cash, Litecoin, and Hedera. The filings seek to convert the firm’s existing trusts, using the same process that secured approval for its Bitcoin and Ethereum ETFs.

The timing is notable. The announcements landed on the same day the SEC postponed decisions on other spot altcoin ETFs, including Grayscale’s own Hedera proposal and Bitwise’s Dogecoin ETF.

This suggests Grayscale is preparing for a potential legal and regulatory battle, building its case early for a wider range of crypto investment products. The firm’s Litecoin filing alone noted its prospectus is prepared on the “basis that the application has been approved.”