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Again: I'm no expert. why is one an eft and

the other a trust? what is the difference?

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For an ETF you need some institution to apply for it and the SEC to give the green light

Yōmotsu-Tsukinukeru Автор вопроса
John
For an ETF you need some institution to apply for ...

Can't be the only difference. What is the reason then that one has to be aproved and the other not?

Yōmotsu Tsukinukeru
Can't be the only difference. What is the reason t...

Grayscale does it in 4 steps 1. Private Placement 2. public quotation on secondary market 3. Become SEC reporting 4. Convert into ETF

John
Grayscale does it in 4 steps 1. Private Placement...

Now I don't know all of the exact details but LTC next step is the ETF

Yōmotsu-Tsukinukeru Автор вопроса
John
Grayscale does it in 4 steps 1. Private Placement...

Back to square one then. Why would they need to hold the same value of ltc that they sell in ltcn? Because that is what peopple here are whining about.

John
Now I don't know all of the exact details but LTC ...

Haven’t even heard talk about a Litecoin ETF..

Matt B
Haven’t even heard talk about a Litecoin ETF..

Check pinned messages for Futures which is CFTC regulated

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