Now Publicly-Quoted: Grayscale Bitcoin Cash Trust & Grayscale Litecoin Trust

Last Update 08/17/2020

Investors may now buy and sell freely tradeable Grayscale® Bitcoin Cash Trust shares and freely tradeable Grayscale® Litecoin Trust shares in the same manner as they would other registered securities under symbol: BCHG and symbol: LTCN, respectively.

3 things to know as 2 more of our products trade publicly:

  1. As the first publicly-quoted securities in the U.S. deriving value from Bitcoin Cash and Litecoin, investors are able to gain exposure to Bitcoin Cash and Litecoin without the challenges of buying, storing, and safekeeping Bitcoin Cash and Litecoin directly.
  2. Now, 6 of Grayscale’s products are publicly-traded — meaning that investors have more opportunities to gain exposure to the digital currency asset class through investment vehicles that operate within existing regulatory and compliance frameworks.
  3. With 81% of returning institutional investors in Grayscale’s private placements in the second quarter of 2020 diversifying beyond Grayscale Bitcoin Trust, investors have further opportunities to follow the institutional trend and diversify within the asset class.

Grayscale continues to bring new wealth-building investment opportunities to all investors through digital currency investment products for a modern portfolio with BCHG and LTCN representing Grayscale’s fifth and sixth publicly-quoted investment products. Grayscale® Bitcoin Trust (OTCQX: GBTC), Grayscale® Ethereum Trust (OTCQX: ETHE), Grayscale® Ethereum Classic Trust (OTCQX: ETCG), and Grayscale® Digital Large Cap Fund (OTCQX: GDLC) are also publicly-quoted and available to all investors with access to U.S. securities. Investors will be able to find current financial disclosure and Real-Time Level 2 quotes for Shares on once trading for BCHG commences and once trading for LTCN commences.

Following verification from FINRA and DTC-eligibility, publicly traded Shares of BCHG and Shares of LTCN will soon be available to all investors with access to U.S. securities.** 

*The Trusts are not registered with the Securities and Exchange Commission and are not subject to disclosure and certain other requirements mandated by U.S. securities laws.

**Each Trust offers a private placement to accredited investors. The investment objective of each Trust is for its Shares to reflect the value of assets held by such Trust, less such Trust’s expenses and other liabilities. Because each Trust does not currently operate a redemption program, there can be no assurance that the value of the Shares will approximate the value of the assets held by such Trust, less such Trust’s expenses and other liabilities, and the Shares may trade at a substantial premium over, or a substantial discount to, such value and such Trust may be unable to meet its investment objective.

This article is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal, nor shall there be any sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

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