PANews reported on February 5 that Litecoin officials stated on the X platform that NYSE has now submitted a 19b-4 filing application for the Grayscale LTC ETF to the US SEC, seeking to convert its Litecoin (LTC) Trust into a spot ETF.

It is reported that a 19b-4 application refers to a rule change proposal submitted to the U.S. Securities and Exchange Commission (SEC), usually submitted by an exchange (such as NYSE or Nasdaq) in order to list new financial products (such as ETFs).