Grayscale Litecoin Trust (LTC) Files Q2 10-Q
Ticker: LTCN · Form: 10-Q · Filed: 2025-02-05T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, cryptocurrency, trust-filing, litecoin
Related Tickers: LTC
TL;DR
**Grayscale Litecoin Trust (LTC) 10-Q filed: Check your LTC holdings and trust performance for Q2 2024.**
AI Summary
Grayscale Litecoin Trust (LTC) filed its 10-Q for the period ending December 31, 2024. The filing covers the second quarter of their fiscal year, detailing financial performance and operational aspects. The trust, managed by Grayscale, focuses on investments in Litecoin. Specific financial figures and operational details for this period are outlined within the report.
Why It Matters
This filing provides investors with an update on the financial health and holdings of the Grayscale Litecoin Trust, crucial for understanding the trust's performance and the value of its underlying Litecoin assets.
Risk Assessment
Risk Level: medium — The value of the trust is directly tied to the volatile price of Litecoin, and it is subject to regulatory and market risks associated with cryptocurrency investments.
Key Numbers
- 2024-12-31 — Period End Date (The report covers financial activities up to this date.)
- 2025-02-05 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- Grayscale Litecoin Trust (LTC) (company) — Filer of the 10-Q
- Litecoin (company) — Underlying asset of the trust
- 2024-12-31 (date) — Period end date for the 10-Q filing
- 2025-02-05 (date) — Filing date of the 10-Q
FAQ
What is the reporting period for this 10-Q filing?
The 10-Q filing is for the period ending December 31, 2024.
Who is the filer of this 10-Q?
The filer is Grayscale Litecoin Trust (LTC).
What is the primary asset held by Grayscale Litecoin Trust (LTC)?
The trust's primary asset is Litecoin (LTC).
When was this 10-Q filed with the SEC?
This 10-Q was filed on February 5, 2025.
Which fiscal quarter does this 10-Q cover?
This 10-Q covers the second quarter of the fiscal year.
From the Filing
0000950170-25-014187.txt : 20250205 0000950170-25-014187.hdr.sgml : 20250205 20250205090227 ACCESSION NUMBER: 0000950170-25-014187 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 48 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250205 DATE AS OF CHANGE: 20250205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grayscale Litecoin Trust (LTC) CENTRAL INDEX KEY: 0001732406 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 826868171 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-56310 FILM NUMBER: 25591079 BUSINESS ADDRESS: STREET 1: 290 HARBOR DRIVE STREET 2: 4TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 212 668 1427 MAIL ADDRESS: STREET 1: 290 HARBOR DRIVE STREET 2: 4TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 FORMER COMPANY: FORMER CONFORMED NAME: Litecoin Investment Trust DATE OF NAME CHANGE: 20180222 10-Q 1 ltcn-20241231.htm 10-Q 10-Q Q2 --06-30 false 0001732406 2025 http://grayscale.com/20241231#InvestmentInLitecoinMember http://grayscale.com/20241231#InvestmentInLitecoinMember http://fasb.org/us-gaap/2024#OperatingCostsAndExpenses http://fasb.org/us-gaap/2024#OperatingCostsAndExpenses http://fasb.org/us-gaap/2024#OperatingCostsAndExpenses http://fasb.org/us-gaap/2024#OperatingCostsAndExpenses http://fasb.org/us-gaap/2024#AccountsPayableCurrentAndNoncurrent http://fasb.org/us-gaap/2024#AccountsPayableCurrentAndNoncurrent 0001732406 us-gaap:FairValueInputsLevel1Member 2024-06-30 0001732406 2024-12-31 0001732406 ltcn:SponsorMember 2024-10-01 2024-12-31 0001732406 ltcn:SponsorMember 2023-10-01 2023-12-31 0001732406 2024-07-01 2024-12-31 0001732406 2023-07-01 2024-06-30 0001732406 2025-01-31 0001732406 ltcn:InvestmentInLitecoinMember 2024-06-30 0001732406 us-gaap:FairValueInputsLevel2Member 2024-12-31 0001732406 2024-06-30 0001732406 us-gaap:FairValueInputsLevel3Member 2024-06-30 0001732406 ltcn:SponsorMember 2024-12-31 0001732406 2023-07-01 2023-12-31 0001732406 2022-03-02 0001732406 us-gaap:FairValueInputsLevel3Member 2024-12-31 0001732406 2023-10-01 2023-12-31 0001732406 us-gaap:SubsequentEventMember 2025-01-31 0001732406 2024-10-01 2024-12-31 0001732406 2023-09-30 0001732406 us-gaap:SubsequentEventMember 2025-01-31 2025-01-31 0001732406 2023-06-30 0001732406 2024-09-30 0001732406 ltcn:DcgMember 2022-04-01 2024-12-31 0001732406 2023-12-31 0001732406 us-gaap:FairValueInputsLevel2Member 2024-06-30 0001732406 ltcn:SponsorMember 2024-06-30 0001732406 ltcn:DcgMember 2022-03-02 2022-03-31 0001732406 us-gaap:FairValueInputsLevel1Member 2024-12-31 0001732406 ltcn:NonSponsorPaidExpensesMember 2024-07-01 2024-12-31 0001732406 ltcn:SponsorMember 2024-07-01 2024-12-31 0001732406 ltcn:SponsorMember 2023-07-01 2023-12-31 0001732406 ltcn:InvestmentInLitecoinMember 2024-12-31 xbrli:pure ltcn:Litecoin xbrli:shares iso4217:USD xbrli:shares ltcn:Right ltcn:Litecoin xbrli:shares iso4217:USD     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number 000-56310   Grayscale Litecoin Trust (LTC) SPONSORED BY GRAYSCALE OPERATING, LLC AND GRAYSCALE INVESTMENTS SPONSORS, LLC (Exact Name of Registrant as Specified in Its Charter)         Delaware 82-6868171 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.)   c/o Grayscale Investments Sponsors, LLC 290 Harbor Drive, 4 th Floor Stamford , Connecticut 06902 (Address of Principal Executive Offices) (Zip Code) ( 212 ) 668-1427 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(g) of the Act: