Regulation· ★★★· bullish·

Grayscale pushes ahead with Litecoin Trust conversion to NYSE Arca spot ETF

  • —Grayscale Litecoin Trust holds $97.56 million in net assets and 24.25 million shares
  • —Updated spot ETF conversion filing submitted to the SEC in September
  • —Litecoin average transaction fee is $0.003; network hashrate stands at 2,671.43 TH/s
  • —Active addresses on the network total 9.10 million
Why it matters: Approval would turn Grayscale's flagship trust into a full spot ETF, giving Litecoin broader access to institutional investors.
#LTC
Source: Coin Türk
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