Grayscale Files for Hedera, Litecoin, and Bitcoin Cash ETFs - Grayscale has expanded its ETF portfolio, filing three new applications with the U.S. Securities and Exchange Commission (SEC). The asset manager filed an S-1 for a Hedera ETF and an S-3 for converting its Litecoin and Bitcoin Cash Trusts into ETFs. - This move mirrors Grayscale's strategy for its Bitcoin and Ethereum Trusts, which were converted into spot ETFs in 2024. - The goal is to make altcoins more accessible to investors through regulated exchanges like NYSE Arca and Nasdaq. - Nasdaq filed a 19b-4 earlier this year to list Hedera for ETFs. The applications for Litecoin and Bitcoin Cash are based on the proposed Generic Listing Standards, which are still awaiting approval from the SEC. Grayscale isn't alone. Anticipating broader regulatory approval for a Litecoin ETF, other issuers, including Fidelity and VanEck, are also preparing to launch altcoin ETFs. Bloomberg analysts James Seyffart and Eric Balchunas previously noted that Litecoin holds the highest odds among altcoin ETF candidates. The U.S. Securities and Exchange Commission (SEC) has yet to approve any new products. But if regulators give the green light, investors could soon gain mainstream exposure to Hedera, Litecoin, and Bitcoin Cash, alongside Bitcoin and Ethereum.