Grayscale Files to Convert Bitcoin Cash Trust (BCHG) Into Spot Bitcoin Cash ETF

Grayscale Investments is moving to convert its Bitcoin Cash Trust into a spot exchange-traded fund. An amended S-3 registration statement filed with the U.S.

Securities and Exchange Commission on September 11 would rename the Grayscale Bitcoin Cash Trust as the Grayscale Bitcoin Cash Trust ETF and list its shares on NYSE Arca under the BCHG ticker, according to the SEC filing.

The move is the asset manager’s latest effort to bring one of its single-asset crypto trusts onto a major U.S. exchange. How the Conversion Would Work The trust is a Delaware statutory trust that issues shares representing fractional ownership in Bitcoin Cash.

Its shares currently quote on the OTCQX market under BCHG, with Coinbase Custody Trust Company serving as custodian, Coinbase acting as prime broker, and The Bank of New York Mellon as transfer agent and administrator. Once the registration statement, filed as Amendment No.