Path to an NYSE Arca Listing
The conversion is not yet complete and still hinges on regulatory approval. NYSE Arca filed its own application with the SEC under Rule 19b-4 on January 24, 2025, seeking permission to list and trade the shares, and the registration statement notes that the listing arrangement remains subject to SEC sign-off. Once effective, the shares are expected to be listed on NYSE Arca under the ticker LTCN and issued only in baskets of 10,000 shares, with each share representing a fractional undivided beneficial interest in the trust’s Litecoin holdings. Both an effective registration statement and a completed 19b-4 approval are required before trading can begin.
Litecoin’s ETF Push in Context
Grayscale has used a similar conversion playbook for other single-asset trusts, including its Zcash vehicle, which topped $500 million after options launched on NYSE Arca. The Litecoin filing also lands as other issuers such as Canary Capital advance their own crypto ETF listings, most recently filing a final prospectus for a staked TRX product. Grayscale has not stated a timeline for effectiveness, and the filing reiterates that the listing depends on SEC approval, so the path to a live spot Litecoin ETF remains uncertain.
