Three More Grayscale Trusts Become SEC Reporting Companies

They join three other trusts that will be regulated in a similar way to companies with share listings.

Three of Grayscale Investments’ trusts have become companies with U.S. Securities and Exchange Commission (SEC) reporting obligations, Forbes reported Friday.

  • The Grayscale Bitcoin Cash Trust, Ethereum Classic Trust and Litecoin Trust are now required to provide the SEC with financial statements and meet the requirements of the 1934 Securities Act.
  • They join Grayscale’s Bitcoin, Ethereum and Digital Large Cap Fund trusts in taking on those obligations.
  • All six are now regulated in a similar way to regular companies with publicly traded shares, Forbes said.
  • Registration requires the trusts to file audited financial statements with the SEC. It also reduces the minimum holding period for trust shares to six months from 12.
  • With more than $44 billion of assets under management as the beginning of September, Grayscale is the world’s largest digital assets manager. It is owned by Digital Currency Group, the parent of Reacon.

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