Grayscale Seeks SEC Approval for ETFs to Modernize Crypto Market

Grayscale Investments has submitted new applications to the Securities and Exchange Commission (SEC) seeking approval for exchange-traded funds (ETFs) for Bitcoin Cash (BCH), Hedera Hashgraph (HBAR), and Litecoin (LTC). The company plans to convert its existing closed-end funds into open-ended ETF structures. These applications are targeting listing on NYSE Arca and Nasdaq, based in New York.