Grayscale has filed registration statements to offer spot-exposed ETFs for Litecoin (LTC), Hedera (HBAR) and Bitcoin Cash (BCH), signaling an expanded push into diversified spot crypto funds. The filings include the asset manager’s first-ever Bitcoin Cash ETF registration and come amid other pending LTC and HBAR ETF applications from competing issuers.

The Bitcoin Cash move was made via an S-3 SEC filing as Grayscale seeks to convert its existing Bitcoin Cash Trust into an ETF. Grayscale plans for the fund to list on NYSE Arca, naming the Bank of New York Mellon as the Trust administrator and Coinbase as prime broker, with Coinbase’s custody arm serving as Trust custodian. The filing notes alignment with the proposed Generic Listing Standards — rules the SEC has not yet approved — and states the firm believes the fund’s shares would qualify to list and trade on NYSE Arca if those standards are adopted.

Grayscale filed an S-3 for its Litecoin ETF as well, pursuing a conversion of its LTC Trust into an ETF with the same NYSE Arca listing expectation should the Generic Listing Standards go into effect. These S-3 filings mirror a recent Chainlink (LINK) filing, suggesting Grayscale is preparing several trust-to-ETF conversions on the same regulatory footing and is likely to await SEC action on the Generic Listing Standards rather than pursue individual 19b-4 listing applications.

The Hedera filing differs: Grayscale submitted an S-1 registration for a Hedera ETF rather than an S-3, indicating a standard registration pathway distinct from the conversion filings used for BTC, LTC and LINK trusts.

Together, these filings reflect Grayscale’s broader strategy to scale its spot crypto ETF lineup while regulatory uncertainty over listing rules and SEC approval timelines remains the key variable for whether and when these funds begin trading.

• Bitcoin Cash (BCH) — S-3 filing to convert existing Bitcoin Cash Trust into an ETF; plans to list on NYSE Arca; Bank of New York Mellon as Trust administrator; Coinbase as prime broker and custodian; alignment with proposed Generic Listing Standards.
• Litecoin (LTC) — S-3 filing to convert LTC Trust into an ETF; same NYSE Arca expectation tied to Generic Listing Standards; mirrors Chainlink filing.
• Hedera (HBAR) — S-1 registration for a Hedera ETF, following a standard registration pathway different from the S-3 conversion filings.