X @BSCN

ETF Filings - Grayscale filed S-1 for Hedera ETF and S-3 filings to convert Litecoin and Bitcoin Cash Trusts into ETFs [1] - The goal is to provide investors with easier access to altcoins through regulated exchanges like NYSE Arca and Nasdaq [2] - These filings mirror Grayscale's strategy of converting Bitcoin and Ethereum Trusts into spot ETFs in 2024 [1] Regulatory Landscape - Nasdaq submitted a 19b-4 earlier this year to list the Hedera product [2] - Litecoin and Bitcoin Cash filings depend on proposed Generic Listing Standards awaiting SEC approval [2] - The SEC has not yet approved any of the new products [3] Industry Trends - Other issuers like Fidelity and VanEck have also proposed altcoin ETFs [2] - Bloomberg analysts suggest Litecoin has strong odds among altcoin ETF candidates [3] - If regulators approve, investors could gain mainstream exposure to Hedera, Litecoin, and Bitcoin Cash alongside Bitcoin and Ethereum [3]