Grayscale Ethereum Classic Trust Files 2024 10-K
Ticker: ETCG · Form: 10-K · Filed: 2025-03-07T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, cryptocurrency, trust, filing
Related Tickers: ETC
TL;DR
ETC 10-K filed. All clear on the crypto front for 2024.
AI Summary
Grayscale Ethereum Classic Trust (ETC) filed its 10-K for the fiscal year ending December 31, 2024. The trust, formerly known as Ethereum Classic Investment Trust, is incorporated in Delaware and its principal business address is in Stamford, CT. The filing covers the period from January 1, 2024, to December 31, 2024, and includes financial data as of December 31, 2024, and comparative data from previous periods.
Why It Matters
This filing provides investors with a comprehensive overview of the Grayscale Ethereum Classic Trust's financial performance and holdings for the 2024 fiscal year, crucial for understanding its value and risks.
Risk Assessment
Risk Level: medium — The trust's value is directly tied to the price of Ethereum Classic, a volatile cryptocurrency, and its operations are subject to regulatory and market risks.
Key Numbers
- 2024-12-31 — Fiscal Year End (The end date for the reporting period covered by the 10-K.)
- 20250307 — Filing Date (The date the 10-K was officially submitted to the SEC.)
Key Players & Entities
- Grayscale Ethereum Classic Trust (ETC) (company) — Filer of the 10-K
- Ethereum Classic Investment Trust (company) — Former name of the filer
- 2024-12-31 (date) — Fiscal year end and reporting date
- 20250307 (date) — Filing date
- 212-668-1427 (phone_number) — Business phone number
- Grayscale (company) — Sponsor/Operator
FAQ
What was the primary asset held by the Grayscale Ethereum Classic Trust during the 2024 fiscal year?
The primary asset held was Ethereum Classic, as indicated by the trust's name and references to 'InvestmentInEthereumClassicMember'.
When did the Grayscale Ethereum Classic Trust file its 10-K for the fiscal year ending December 31, 2024?
The filing date was March 7, 2025, as indicated by the accession number and header information.
What was the previous name of the Grayscale Ethereum Classic Trust?
The trust was formerly known as Ethereum Classic Investment Trust, with a name change date of April 27, 2017.
Where is the business and mailing address for Grayscale Ethereum Classic Trust?
The address is 290 Harbor Drive, 4th Floor, Stamford, CT 06902.
Who is identified as the sponsor of the Grayscale Ethereum Classic Trust in the filing?
The filing identifies 'etcg:SponsorMember' and 'etcg:DCGMember' in relation to the trust's operations.
From the Filing
0000950170-25-035468.txt : 20250307 0000950170-25-035468.hdr.sgml : 20250307 20250307160258 ACCESSION NUMBER: 0000950170-25-035468 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 53 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250307 DATE AS OF CHANGE: 20250307 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grayscale Ethereum Classic Trust (ETC) CENTRAL INDEX KEY: 0001705181 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 826239281 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-56309 FILM NUMBER: 25719922 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: Ethereum Classic Investment Trust DATE OF NAME CHANGE: 20170427 10-K 1 etcg-20241231.htm 10-K 10-K 0001705181 false FY http://grayscale.com/20241231#InvestmentInEthereumClassicMember http://grayscale.com/20241231#InvestmentInEthereumClassicMember 0001705181 2021-12-31 0001705181 us-gaap:RelatedPartyMember 2024-01-01 2024-12-31 0001705181 us-gaap:FairValueInputsLevel1Member 2024-12-31 0001705181 2023-01-01 2023-03-31 0001705181 etcg:DCGMember 2024-01-01 2024-12-31 0001705181 2023-10-01 2023-12-31 0001705181 us-gaap:FairValueInputsLevel2Member 2024-12-31 0001705181 2023-07-01 2023-09-30 0001705181 srt:MaximumMember etcg:DCGMember 2022-03-02 2022-03-02 0001705181 2024-10-01 2024-12-31 0001705181 etcg:SponsorMember 2024-01-01 2024-12-31 0001705181 etcg:InvestmentInEthereumClassicMember 2024-12-31 0001705181 2023-12-31 0001705181 2022-01-01 2022-03-31 0001705181 us-gaap:RelatedPartyMember 2023-12-31 0001705181 us-gaap:FairValueInputsLevel1Member 2023-12-31 0001705181 us-gaap:FairValueInputsLevel3Member 2023-12-31 0001705181 2022-01-01 2022-12-31 0001705181 2024-12-31 0001705181 2022-12-31 0001705181 etcg:InvestmentInEthereumClassicMember 2023-12-31 0001705181 us-gaap:FairValueInputsLevel3Member 2024-12-31 0001705181 2023-01-01 2023-12-31 0001705181 2022-04-01 2023-12-31 0001705181 us-gaap:RelatedPartyMember 2022-01-01 2022-12-31 0001705181 2024-06-30 0001705181 us-gaap:SubsequentEventMember 2025-03-03 0001705181 etcg:NonSponsorPaidExpensesMember 2024-01-01 2024-12-31 0001705181 2024-07-01 2024-09-30 0001705181 us-gaap:FairValueInputsLevel2Member 2023-12-31 0001705181 2025-03-03 0001705181 us-gaap:RelatedPartyMember 2024-12-31 0001705181 us-gaap:RelatedPartyMember 2023-01-01 2023-12-31 0001705181 us-gaap:SubsequentEventMember 2025-03-03 2025-03-03 0001705181 2024-01-01 2024-12-31 0001705181 2024-04-01 2024-06-30 0001705181 srt:MaximumMember etcg:DCGMember 2021-06-21 0001705181 2023-04-01 2023-06-30 0001705181 2024-01-01 2024-03-31 0001705181 etcg:DCGMember 2021-06-21 2023-12-31 etcg:Right iso4217:USD xbrli:shares xbrli:pure etcg:ETC xbrli:shares iso4217:USD   UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year 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 000-56309 Grayscale Ethereum Classic Trust (ETC) SPONSORED BY GRAYSCALE OPERATING, LLC AND GRAYSCALE INVESTMENTS SPONSORS, LLC (Exact Name of Registrant as Specified in Its Charter)   Delaware 82-6239281 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.)     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:   Title of each cl