Grayscale Litecoin Trust (LTC) Files Q3 2025 10-Q

Ticker: LTCN · Form: 10-Q · Filed: 2025-05-02T00:00:00.000Z

Sentiment: neutral

Topics: cryptocurrency, trust, 10-Q, financials

Related Tickers: LTC

TL;DR

**Grayscale Litecoin Trust (LTC) 10-Q filed. Details on Litecoin holdings and performance for Q3 2025.**

AI Summary

Grayscale Litecoin Trust (LTC) filed its 10-Q for the period ending March 31, 2025. The filing details the trust's financial position and operational activities related to its holdings of Litecoin. Specific financial figures and operational metrics for the quarter and year-to-date are presented, reflecting the trust's performance and management.

Why It Matters

This filing provides investors with crucial financial and operational data for Grayscale Litecoin Trust, impacting investment decisions and market sentiment for Litecoin.

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

Q3 2025 — Reporting Period (The trust's performance is reported for this quarter.)
06-30 — Fiscal Year End (Indicates the end of the trust's fiscal year.)

Key Players & Entities

Grayscale Litecoin Trust (LTC) (company) — Filer of the 10-Q
Litecoin (company) — Underlying asset held by the trust
20250331 (date) — End of the reporting period
20250502 (date) — Filing date

FAQ

What was the total value of Litecoin held by the trust as of March 31, 2025?

The filing does not explicitly state the total dollar value of Litecoin held as of March 31, 2025, but it details the trust's investment in Litecoin.

What were the total operating costs and expenses for the period ending March 31, 2025?

The filing references 'OperatingCostsAndExpenses' but does not provide a specific dollar amount for the period ending March 31, 2025, within the provided text.

What is the trust's fiscal year end date?

The trust's fiscal year ends on June 30.

When was the Grayscale Litecoin Trust previously known as Litecoin Investment Trust?

The trust was formerly known as Litecoin Investment Trust until a name change on February 22, 2018.

What is the filing date of this 10-Q report?

This 10-Q report was filed on May 2, 2025.

From the Filing

0000950170-25-062759.txt : 20250502 0000950170-25-062759.hdr.sgml : 20250502 20250502160812 ACCESSION NUMBER: 0000950170-25-062759 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 48 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250502 DATE AS OF CHANGE: 20250502 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grayscale Litecoin Trust (LTC) CENTRAL INDEX KEY: 0001732406 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets EIN: 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: 25908496 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-20250331.htm 10-Q 10-Q 0001732406 --06-30 Q3 false 2025 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 2023-07-01 2024-03-31 0001732406 ltcn:InvestmentInLitecoinMember 2025-03-31 0001732406 2023-06-30 0001732406 2024-01-01 2024-03-31 0001732406 ltcn:SponsorMember 2024-06-30 0001732406 ltcn:NonSponsorPaidExpensesMember 2024-07-01 2025-03-31 0001732406 2024-07-01 2025-03-31 0001732406 ltcn:SponsorMember 2025-03-31 0001732406 2024-12-31 0001732406 ltcn:SponsorMember 2025-01-01 2025-03-31 0001732406 ltcn:DcgMember 2022-04-01 2025-03-31 0001732406 ltcn:SponsorMember 2024-07-01 2025-03-31 0001732406 us-gaap:FairValueInputsLevel2Member 2025-03-31 0001732406 2023-07-01 2024-06-30 0001732406 us-gaap:SubsequentEventMember 2025-04-28 0001732406 ltcn:SponsorMember 2024-01-01 2024-03-31 0001732406 2023-12-31 0001732406 us-gaap:FairValueInputsLevel1Member 2025-03-31 0001732406 ltcn:InvestmentInLitecoinMember 2024-06-30 0001732406 ltcn:InvestmentMember 2024-06-30 0001732406 2022-03-02 0001732406 us-gaap:FairValueInputsLevel1Member 2024-06-30 0001732406 2025-04-28 0001732406 us-gaap:FairValueInputsLevel3Member 2024-06-30 0001732406 2024-06-30 0001732406 2025-03-31 0001732406 ltcn:SponsorMember 2023-07-01 2024-03-31 0001732406 2025-01-01 2025-03-31 0001732406 us-gaap:FairValueInputsLevel2Member 2024-06-30 0001732406 us-gaap:FairValueInputsLevel3Member 2025-03-31 0001732406 ltcn:DcgMember 2022-03-02 2022-03-31 0001732406 2024-03-31 0001732406 ltcn:InvestmentMember 2025-03-31 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 March 31, 2025 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:   Title of each class Trading Symbol(s) Name of each exchange on which registered Grayscale L