Grayscale has received FINRA approval for the public trading of BCH and LTC

Cryptocurrency fund management company Grayscale Investments will make Bitcoin Cash and Litecoin available for public trading through the shares of its cryptocurrency trust funds.

In an announcement on July 20, Grayscale announced that the US Financial Regulatory Authority (FINRA) had approved Bitcoin Cash Trust and Litecoin Trust shares for public trading. These two stocks will be traded over the counter under the symbols BCHG and LTCN.

The public trading of these two digital assets is fully compliant with the Depository Trust Company (DTC), the world's largest depository of investment treaties.

"There will be no public listing of shares until the relevant shares are eligible for DTC, which BCHG and LTCN are expected to receive shortly."

- was written in the press release

Grayscale reported that as of June 30 it owns 2,725,300 shares of Bitcoin Cash Trust worth $ 5.8 million and 509,400 shares of Litecoin Trust worth a total of $ 2 million.



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