Major cryptocurrency investment firm Grayscale Investments has filed a new application with the United States Securities and Exchange Commission (SEC) for a new spot Bitcoin exchange-traded fund (ETF).

On Oct. 19, Grayscale submitted an S-3 form registration statement with the SEC, intending to list the shares of Grayscale Bitcoin Trust on the New York Stock Exchange (NYSE) Arca under the ticker symbol GBTC.

The new filing aligns with Grayscale’s ongoing effort to convert its Grayscale Bitcoin Trust into a spot Bitcoin ETF, according to a statement by Grayscale.

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