Grayscale Litecoin Trust (LTC) Files 8-K on Agreements

TL;DR

Grayscale Litecoin Trust (LTC) filed an 8-K on Oct 3, 2025, reporting material agreement changes.

AI Summary

On October 3, 2025, Grayscale Litecoin Trust (LTC) filed an 8-K report detailing the entry into and termination of material definitive agreements. The filing also includes financial statements and exhibits. The company, formerly known as Litecoin Investment Trust, is incorporated in Delaware and has its principal executive offices in Stamford, Connecticut.

Why It Matters

This 8-K filing indicates significant corporate actions, including the execution and subsequent termination of material agreements, which could impact the trust's operations and investor holdings.

Risk Assessment

Risk Level: medium — The termination of material definitive agreements can introduce uncertainty and potential operational or financial risks for the trust.

Key Numbers

• 000-56310 — Commission File Number (Identifies the trust's filing with the SEC)
• 82-6868171 — IRS Employer Identification No. (Tax identification number for the trust)

Key Players & Entities

• Grayscale Litecoin Trust (LTC) (company) — Registrant
• Litecoin Investment Trust (company) — Former company name
• October 3, 2025 (date) — Date of earliest event reported
• 212 668-1427 (phone_number) — Registrant's telephone number
• Delaware (jurisdiction) — State of incorporation
• Stamford, Connecticut (location) — Address of Principal Executive Offices

FAQ

Key Financial Figures

• $100 million — ress that holds LTC shall be limited to $100 million (the "Cold Storage Threshold"). The Spo

Filing Documents

• ltcn-20251003.htm (8-K) — 99KB
• ltcn-ex10_1.htm (EX-10.1) — 425KB
• ltcn-ex10_2.htm (EX-10.2) — 176KB
• ltcn-ex99_1.htm (EX-99.1) — 26KB
• 0001193125-25-236055.txt ( ) — 955KB
• ltcn-20251003.xsd (EX-101.SCH) — 28KB
• ltcn-20251003_htm.xml (XML) — 5KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. Prime Broker Agreement On October 3, 2025, Grayscale Investments Sponsors, LLC, the sponsor (the "Sponsor"), on behalf of itself and Grayscale Litecoin Trust (LTC) (the "Trust"), and Coinbase, Inc., the prime broker of the Trust ("Coinbase" or the "Prime Broker"), on behalf of itself and as agent for Coinbase Custody Trust Company, LLC ("Coinbase Custody" or the "Custodian") and Coinbase Credit, Inc. ("Coinbase Credit" and, collectively with Coinbase and Coinbase Custody, the "Coinbase Entities"), entered into the Coinbase Prime Broker Agreement, which includes the Coinbase Custody Custodial Services Agreement attached thereto as Exhibit A (the "CSA"), the Coinbase Settlement and Transfer Agreement attached thereto as Exhibit B (the "STA") and all other exhibits, addenda and supplements attached thereto (collectively with the CSA and STA, the "Prime Broker Agreement") governing the Trust's and the Sponsor's use of the custodial and prime broker services provided by the Custodian and the Prime Broker. The Prime Broker Agreement establishes the rights and responsibilities of the Custodian, the Prime Broker, the Sponsor and the Trust with respect to the Trust's LTC which is held in accounts maintained and operated by the Custodian, as a fiduciary with respect to the Trust's assets, and the Prime Broker (together with the Custodian, the "Custodial Entities") on behalf of the Trust. Although executed as of October 3, 2025, the Prime Broker Agreement shall not become effective with respect to the Trust until the date on which the shares of the Trust begin trading on NYSE Arca as shares of an exchange-traded product (the "Uplisting Date"). Coinbase Custody is currently the custodian of the Trust and is party to the Previous Custodian Agreement (as defined in Item 1.02 below). The foregoing description, together with the below description of certain terms of the Prime Broker Agreement, is a summary, does not p

View Full Filing

View this 8-K filing on SEC EDGAR