OSL added to Grayscale Litecoin Trust (LTCN) benchmark index venues
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Grayscale Litecoin Trust (LTC) filed an 8-K describing a change to the benchmark index it uses to value its holdings. On May 19, 2026, CoinDesk Indices, Inc. added the OSL LTC-USD trading pair as a Constituent Trading Platform in the CoinDesk Litecoin Benchmark Rate. No existing platforms were removed in this scheduled monthly review. The index now draws prices from multiple LTC-USD and LTC-U.S. Dollar coin trading venues, including Bitstamp by Robinhood, Crypto.com, Gemini, HashKey, Kraken, LMAX Digital, OKX, OSL, Binance, Bullish, Bybit and Gate. The index provider may change venues or calculation methods over time under its stated criteria.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 8.01 — Other Events
1 item
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Key Figures
Form type: Form 8-K
Effective date of index change: May 19, 2026
Annual report reference period: Year ended June 30, 2025
3 metrics
Form type
Form 8-K
Current report detailing index venue change
Effective date of index change
May 19, 2026
Date OSL LTC-USD pair was added to index
Annual report reference period
Year ended June 30, 2025
Period for 10-K cited for index criteria
Key Terms
Constituent Trading Platforms, CoinDesk Litecoin Benchmark Rate, Index Price, emerging growth company
4 terms
Constituent Trading Platforms financial
"the Index Provider announced a change to the Digital Asset Trading Platforms used to calculate the Index Price (the “Constituent Trading Platforms”)"
CoinDesk Litecoin Benchmark Rate financial
"added OSL (LTC-U.S. Dollar (“USD”) trading pair), to the CoinDesk Litecoin Benchmark Rate (the “Index”)"
Index Price financial
"trading platforms used to calculate the Index Price (the “Constituent Trading Platforms”)"
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What change did Grayscale Litecoin Trust (LTCN) disclose about its index?
Grayscale Litecoin Trust disclosed that CoinDesk Indices added the OSL LTC-USD trading pair as a Constituent Trading Platform in the CoinDesk Litecoin Benchmark Rate on May 19, 2026, while keeping all existing trading platforms in the index unchanged during this review.
When did the OSL LTC-USD pair become part of the CoinDesk Litecoin Benchmark Rate for LTCN?
The OSL LTC-USD trading pair was added to the CoinDesk Litecoin Benchmark Rate effective May 19, 2026. This change followed the index provider’s scheduled monthly review process after OSL met its inclusion conditions, with no existing venues removed at that time.
Which LTC-USD trading platforms are currently included in the index used by Grayscale Litecoin Trust (LTCN)?
The index includes LTC-USD trading pairs from Bitstamp by Robinhood, Crypto.com, Gemini, HashKey, Kraken, LMAX Digital, OKX and OSL. It also uses LTC-U.S. Dollar coin trading pairs from Binance, Bullish, Bybit, Gate, Kraken and OKX to calculate the benchmark rate.
Can the index provider change the trading venues used for the Grayscale Litecoin Trust (LTCN) index?
Yes. CoinDesk Indices may change the trading venues used to calculate the index price or adjust its calculation methodology at any time, including during scheduled monthly reviews where platforms can be added or removed based on predefined criteria described in the Trust’s annual report.
Does the May 19, 2026 index change affect existing Constituent Trading Platforms for LTCN?
The May 19, 2026 change only added the OSL LTC-USD trading pair and did not remove any existing Constituent Trading Platforms. All previously included LTC-USD and LTC-U.S. Dollar coin trading venues remain part of the CoinDesk Litecoin Benchmark Rate after this review.