Grayscale Moves to Convert Litecoin Trust Into NYSE Arca ETF

Grayscale Investments is taking another step toward bringing its Litecoin Trust onto the NYSE Arca exchange, filing an amended registration statement that would convert the eight-year-old vehicle into a spot exchange-traded fund trading under the ticker LTCN.

The asset manager submitted Amendment No. 1 to its Form S-3 with the Securities and Exchange Commission on September 11, 2026. If the registration takes effect and a related exchange rule change clears regulatory review, the product would be renamed the Grayscale Litecoin Trust ETF and listed on NYSE Arca.

Grayscale has already executed similar conversions with its Bitcoin, Ethereum, and Zcash vehicles, transforming them from opaque trusts into exchange-listed funds. The Bitcoin conversion closed in January 2024 after a federal appeals court challenge to the SEC's earlier rejection, and Ethereum followed in July 2024. The Zcash Trust became the Zcash ETF on August 25, 2026, listing on NYSE Arca with over $313.5 million in net assets.

The filing arrives as Litecoin trades near $53.62, having recovered roughly 72% of a decline that stretched from a June high of $59.36 to a late-August low around $39.29.