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Grayscale submits multiple ETF application documents to the SEC, intending to expand the altcoin spot product line

Source: ChainCatcher
According to ChainCatcher, according to The Block and multiple media reports, crypto asset management company Grayscale has submitted multiple documents to the SEC, covering spot ETF proposals from Bitcoin Cash (BCH), Litecoin (LTC) and Hedera (HBAR): LTC and BCH intend to convert existing trusts into ETFs in the form of S-3, and HBAR submits S-1 registration and submits 19b-4 rules changes to apply for listing by the exchange. All the above products are subject to SEC approval, and the HBAR-related progress has been postponed to November 12 recently. Grayscale said the action aims to expand the coverage of spot crypto ETFs from Bitcoin and Ethereum to more mainstream assets; the final listing still depends on the dual approval of 19b-4 and registration documents.
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