A #BCH ETF would be transformative—potentially unlocking institutional flows similar to BTC/ETH spots. Grayscale filed an S-3 in early March 2026 to convert its existing Bitcoin Cash Trust (BCHG, OTC-traded) into a spot ETF on NYSE Arca, with BNY Mellon as admin and Coinbase custodian. This follows their BTC/ETH conversions and could be the first regulated US spot BCH vehicle if approved (likely months away, uncertain but sentiment-positive).