Grayscale Inches Closer to NYSE Arca Listing for Litecoin Trust ETF

Grayscale Investments has filed an amendment to its Form S-3 registration statement for the Grayscale Litecoin Trust, moving it closer to a full exchange listing on NYSE Arca under the proposed symbol LTCN. The trust will delay effectiveness until further SEC action or approval of the related 19b-4 application.

The preliminary prospectus updates a September 2025 registration and states that upon effectiveness and listing, the product's name will change to Grayscale Litecoin Trust ETF by filing a Certificate of Amendment with the Delaware Secretary of State. The proposed ticker is LTCN, and the Committee on Uniform Securities Identification Procedures (CUSIP) identifier is 38963W104.

The trust's investment objective is for the value of each share to reflect the value of the Litecoin held by the trust as measured by the CoinDesk Litecoin Benchmark Rate, defined in the filing as the Index Price. The trust currently has the ability to use cash orders processed through unaffiliated liquidity providers but will require separate NYSE Arca regulatory approval for in-kind creations and redemptions with authorized participants.

Coinbase is named as prime broker, Coinbase Custody Trust Company serves as custodian of the trust's Litecoin holdings, and The Bank of New York Mellon (BNY Mellon) is listed as transfer agent and administrator. The amendment was signed for Grayscale by Kathryn Masci, Member of the Board of Managers and Interim Chief Financial Officer.