Welcome to our dedicated page for Grayscale Ethereum Classic Trust SEC filings (Ticker: ETCG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Grayscale Ethereum Classic Trust (ETC) filings document material events for a digital-asset trust sponsored by Grayscale Investments Sponsors, LLC. The trust’s 8-K reports cover sponsor governance changes, internal sponsor reorganization, public-communication disclosures, and updates to the CoinDesk Ether Classic Price Index methodology and constituent trading platforms.
The filings identify ETCG shares as securities registered under Section 12(g) and describe the trust’s sponsor relationship, affiliated control structure, and pricing-index disclosures. They also provide formal records of other events affecting the trust’s disclosure framework rather than operating-company production or customer activity.
Grayscale Ethereum Classic Trust (ETC) reports a sharp drop in value as Ethereum Classic prices fell in early 2026. Net assets declined to $89.4M at March 31, 2026 from $126.0M at year-end 2025, with the Principal Market NAV per share falling from $9.00 to $6.39.
The Trust recorded a net decrease in net assets from operations of $36.6M for the quarter, driven by a $35.9M realized and unrealized loss on its Ethereum Classic holdings and a $0.7M Sponsor’s Fee. ETC’s price on the principal market declined from $11.47 to $8.19, producing a total return of -29.00% for shareholders.
The Trust held about 10.9 million ETC and 13,993,800 shares outstanding, with no creations or redemptions during the period. Expenses remained at an annualized 2.5% of average net assets, and the Trust continued to operate without leverage, derivatives or a redemption program.
Grayscale Ethereum Classic Trust (ETC) provides passive exposure to Ethereum Classic by holding ETC directly in institutional cold storage, targeting share value based on an index price of ETC less fees and liabilities. The Trust held about 7% of all ETC in circulation as of December 31, 2025, with each share representing roughly 0.7850 ETC. As of March 6, 2026, there were 13,993,800 shares outstanding, and non‑affiliate holdings were valued at $115,325,290 on June 30, 2025. Because there is currently no redemption program and creations can be halted, the shares have not tracked net asset value reliably: from May 2018 to December 2025, they traded at premiums up to 458% and discounts up to 77%, with an average 45% discount and a 28% discount at year‑end 2025. The Trust highlights extensive risk factors tied to ETC price volatility, digital asset market structure, evolving regulation, and reliance on third‑party service providers.
Grayscale Ethereum Classic Trust (ETCG) is informing investors how to treat its presence on X (formerly Twitter), especially the use of ticker symbols with a “$” cashtag. When Grayscale-related accounts post cashtags, X automatically links them to pages that aggregate market data, news, and commentary from various third parties.
The trust explains that Grayscale does not control, endorse, or take responsibility for any information on those X-generated pages or other third-party sites reached through them. That content is not authorized or verified by Grayscale and may conflict with its official disclosures. Investors are directed to rely on Grayscale’s Securities and Exchange Commission filings for authoritative and up-to-date information about the trust and its products.
Grayscale Ethereum Classic Trust (ETCG) reported Q3 2025 results reflecting the movement of Ethereum Classic (ETC). Net assets were $203.2 million, up 9% in the quarter as ETC’s principal market price rose to $18.38. The Trust held 11,054,961.678 ETC and had 13,993,800 Shares outstanding. Principal Market NAV per Share was $14.52.
Operations were driven by price action: Q3 net increase in net assets from operations was $16.6 million, including $18.1 million of realized/unrealized gains, offset by a $1.44 million Sponsor’s Fee. For the nine months, net assets decreased by $79.9 million as ETC fell from $25.13 at year-end to $18.38. The annual Sponsor’s Fee is 2.5% of assets, paid in ETC, which also reduces ETC per Share (approximately 0.7900 ETC per Share at September 30, 2025, from 0.8049 at December 31, 2024). No Share creations or redemptions occurred, and the Trust is not operating a redemption program. A post-quarter management reorganization centralized sponsorship under Grayscale Investments; the Sponsor does not expect a material impact on Trust operations.
Grayscale Ethereum Classic Trust (ETCG) reported an internal corporate reorganization of its sponsor’s parent entities. On October 22, 2025, Grayscale Investments, Inc. became the sole managing member of Grayscale Operating, LLC, which remains the sole member of Grayscale Investments Sponsors, LLC, the Sponsor of the Trust.
DCG Grayscale Holdco, LLC elected the board of Grayscale Investments, now responsible for directing the Sponsor’s affairs, consisting of Barry Silbert (Chair), Mark Shifke, Simon Koster, Peter Mintzberg and Edward McGee—the same members who oversaw the prior managing entity. All related entities remain consolidated subsidiaries of Digital Currency Group, Inc. The Trust does not expect any material impact on its operations.
Grayscale Ethereum Classic Trust (ETCG) reported a leadership change at the sponsor’s parent entity. On October 13, 2025, GSO Intermediate Holdings Corporation, the sole managing member of Grayscale Operating, LLC and sole member of Grayscale Investments Sponsors, LLC, announced that Matthew Kummell stepped down from its Board of Directors and Simon Koster was appointed to the Board.
Koster is the Chief Strategy Officer at Digital Currency Group, Inc., overseeing investments across digital assets, wholly owned subsidiaries, and a large early‑stage portfolio. He previously led DCG’s real estate initiatives and held CEO roles at The Collective and in DCG’s real estate unit. He serves on the boards of Foundry and Luno (since 2023), Fortitude (since 2024), and Yuma (since 2025), each affiliated with Grayscale.
Grayscale Ethereum Classic Trust (ETC) reports that CoinDesk Indices has updated the trading platforms used to calculate its Ether Classic price index. Effective September 21, 2025, Crypto.com was added to the CoinDesk Ether Classic Price Index after meeting minimum liquidity requirements, and no existing platforms were removed in this quarterly review. The index now draws prices from Coinbase, Kraken, Bitfinex, and Crypto.com, which together help determine the reference price used for the Trust. CoinDesk Indices may change these venues or its calculation methodology over time, with further adjustments considered during scheduled quarterly reviews.