$LTC Grayscale makes another move—will LTC become the next ZEC?
On September 11, Grayscale filed an S-3/A amendment with the SEC. The plan is to convert the Litecoin trust into a Grayscale Litecoin Trust ETF, with the code unchanged—still LTCN. The listing venue will move from the OTC to NYSE Arca.
When the news came out, I checked the LTC price action—there was no reaction. That’s normal. For something like this, people who understand it already knew. People who don’t just glance at the headline and scroll past.