2025-14566Notice

SEC Puts Litecoin Trust on Hold: Crypto Wait Continues

Published Date: 8/1/2025

Notice

Summary

The SEC is taking more time to decide if NYSE Arca can list and trade shares of the Grayscale Litecoin Trust (LTC), a new way to invest in Litecoin through the stock market. This affects investors interested in cryptocurrency and could open up new trading options if approved. The decision timeline has been extended, so folks should stay tuned for updates on when trading might begin and any financial impacts.

Analyzed Economic Effects

2 provisions identified: 1 benefits, 1 costs, 0 mixed.

SEC Extends Decision Deadline to Oct 10, 2025

The Securities and Exchange Commission extended the decision deadline by 60 days so it will now decide whether to approve or disapprove listing the Grayscale Litecoin Trust (LTC) by October 10, 2025. The original 180-day review period ended on August 11, 2025, and the Commission published the extension to allow more time to consider the proposal.

Potential New Way to Invest in Litecoin

If the Commission approves the proposed rule change, NYSE Arca would list and trade shares of the Grayscale Litecoin Trust (LTC), creating an exchange-traded way to invest in Litecoin. That outcome depends on the Commission's final action, now scheduled by October 10, 2025.

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Key Dates

Published Date
Effective Date
8/1/2025
10/10/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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