If you plan to grind the threads off, you can start with any grade 5/8" bolt of appropriate length. As the threads will be ground off it does not matter if the bolt is originally coarse thread (readily available) or fine thread. However, without threads you will have to drive 5/8" diameter altered bolt in and out with a mallet and you will bugger welded-on-nut threads. (Maybe you will be able to chase the nut threads later, maybe not.)
Once the bolt becomes a pin, how will you retain the threadless pin in the ROPS? You will not be drilling a hole for a hairpin clip in a Grade 8 altered bolt utilizing home tools.
Ahh....that is why you need a 9/16" diameter clevis.