Grayscale’s Altcoin ETF Push Sparks Debate Over Crypto Market Access

Grayscale Investments has submitted new applications for approval of cryptocurrency exchange-traded funds (ETFs), including Bitcoin Cash, Hedera, and Litecoin. This move reflects a burgeoning competition for crypto ETFs, with investors questioning whether regulators will grant access beyond the established giants of Bitcoin and Ethereum. 2023 saw Grayscale launch its first Bitcoin ETF in partnership with Coinbase, but this latest filing highlights a growing interest in expanding to other altcoins.