{"id":27380,"date":"2020-08-18T10:37:22","date_gmt":"2020-08-18T07:37:22","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=27380"},"modified":"2025-08-26T20:29:08","modified_gmt":"2025-08-26T17:29:08","slug":"grayscale-gains-dtc-clearance-to-launch-bch-and-ltc-based-trust-shares","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/grayscale-gains-dtc-clearance-to-launch-bch-and-ltc-based-trust-shares\/","title":{"rendered":"Grayscale gains DTC clearance to launch BCH- and LTC-based trust shares"},"content":{"rendered":"<p>The investment firm Grayscale Investments announced its readiness to launch trading of trust shares based on the cryptocurrencies Litecoin and Bitcoin Cash. The new instruments have been approved by the Depository Trust Company (DTC).<!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Investors can gain exposure to the price movements of <a href=\"https:\/\/twitter.com\/search?q=%24BCH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BCH<\/a> and <a href=\"https:\/\/twitter.com\/search?q=%24LTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LTC<\/a> without the challenges of buying, storing, and safekeeping them directly via <a href=\"https:\/\/twitter.com\/search?q=%24BCHG&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BCHG<\/a> and <a href=\"https:\/\/twitter.com\/search?q=%24LTCN&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LTCN<\/a>, respectively. <a href=\"https:\/\/t.co\/96ZSxVomjB\">https:\/\/t.co\/96ZSxVomjB<\/a><\/p>\n<p>\u2014 Grayscale (@Grayscale) <a href=\"https:\/\/twitter.com\/Grayscale\/status\/1295346397819080704?ref_src=twsrc%5Etfw\">August 17, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Shares of the new trusts will be available for trading on OTC Markets. Bitcoin Cash is listed under ticker BCHG, Litecoin \u2014 LTCN.<\/p>\n<p>The private placement for accredited investors has been ongoing since March 2018. As of July 31, more than 6,028,000 BCHG shares and 2,500,800 LTCN have been issued.<\/p>\n<p><span style=\"font-weight: 400;\">Earlier in August, Grayscale Investments head Barry Silbert <a href=\"https:\/\/u1f987.com\/en\/news\/barry-silbert-reports-record-217-million-investment-in-grayscale-funds\">announced<\/a> a record inflow of funds into his company\u2019s funds \u2014 $217 million in a week.<\/span><\/p>\n<p>Follow ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 all the news, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investment firm Grayscale Investments announced its readiness to launch trading of trust shares based on the cryptocurrencies Litecoin and Bitcoin Cash. The new instruments have been approved by the Depository Trust Company (DTC).<\/p>\n","protected":false},"author":1,"featured_media":27381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[754,943,209],"class_list":["post-27380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-cash","tag-grayscale-investments","tag-litecoin"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=27380"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27380\/revisions"}],"predecessor-version":[{"id":27382,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27380\/revisions\/27382"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/27381"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=27380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=27380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=27380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}