Grayscale Investments Sponsors filed an amended Form S-3 registration statement on September 11, 2026, to convert the Grayscale Litecoin Trust into the Grayscale Litecoin Trust ETF and move LTCN from OTCQX to NYSE Arca. The conversion requires both an effective registration statement and SEC approval of NYSE Arca's January 24, 2025, 19b-4 application. The trust held $82.3 million in net assets, including 1.97 million Litecoin, as of June 30, 2026. A creation-and-redemption structure could reduce the substantial premiums and discounts LTCN has experienced in over-the-counter trading. Grayscale would enter a small U.S. spot Litecoin ETF market led by Canary Capital's LTCC, which held about $7.01 million in net assets as of September 11, 2026. Litecoin traded near $53.62 after recovering from an August low, while analysts cited light volume, subdued derivatives positioning and reduced large-holder activity.