Online reported that on February 5, according to disclosure documents, the New York Stock Exchange (NYSE) has submitted Form 19b-4 to apply to convert the Grayscale Litecoin Trust into a spot Litecoin ETF. The application is part of a proposed rule change and is reviewed by the SEC (Securities and Exchange Commission) for public comment. If approved, this will be another compliant spot crypto asset ETF after Bitcoin and Ethereum ETFs, or bring new liquidity and investment opportunities to the LTC market. The SEC has previously approved Bitcoin spot ETFs and is reviewing other crypto asset ETF applications.