Grayscale and CoinShares File for Litecoin, Solana, and XRP ETFs with NYSE

Jan 24, 2025, 09:40 PM

Grayscale Investments and CoinShares have filed applications with the New York Stock Exchange (NYSE) to launch exchange-traded funds (ETFs) based on cryptocurrencies Litecoin (LTC), Solana (SOL), and XRP. Grayscale has submitted 19b-4 forms to convert its existing Litecoin Trust (LTCN) and Solana Trust (GSOL) into ETFs, marking a significant step towards offering more accessible cryptocurrency investment vehicles. CoinShares has filed for a spot Litecoin ETF and a spot XRP ETF, indicating growing institutional interest in cryptocurrency ETFs.