Grayscale Litecoin Trust (LTCN) index shifts to new Litecoin trading venues
Rhea-AI Filing Summary
Grayscale Litecoin Trust (LTC) reports that CoinDesk Indices, Inc., the Index Provider for the trust, has updated the digital asset trading platforms used to calculate the Litecoin benchmark rate that underlies the trust’s index price. Effective January 20, 2026, the Index Provider added Binance (LTC‑USDC), Gate (LTC‑USDC) and HashKey (LTC‑USD) as constituent trading platforms and removed Bitfinex (LTC‑USD) following its scheduled monthly review process. The current index now reflects LTC‑USD trading pairs from Bitstamp by Robinhood, Crypto.com, Gemini, HashKey, Kraken, LMAX Digital and OKX, and LTC‑USDC trading pairs from Binance, Bullish, Bybit, Gate, Kraken and OKX. The Index Provider states that it may modify constituents or calculation methods in future reviews based on its inclusion criteria.
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8-K Event Classification
FAQ
What change did Grayscale Litecoin Trust (LTCN) disclose in this 8-K?
The trust disclosed that CoinDesk Indices, Inc., its Index Provider, has updated the constituent trading platforms used to calculate the Litecoin benchmark rate that determines the trust’s index price, adding several venues and removing one.
Which trading platforms were added to the Grayscale Litecoin Trust (LTCN) index price calculation?
Effective January 20, 2026, the Index Provider added Binance (LTC‑USDC trading pair), Gate (LTC‑USDC trading pair) and HashKey (LTC‑USD trading pair) to the CoinDesk Litecoin Benchmark Rate.
Which trading platform was removed from the Grayscale Litecoin Trust (LTCN) index price calculation?
The Index Provider removed Bitfinex (LTC‑USD trading pair) from the index because it failed to meet the Index Provider’s conditions for inclusion during a scheduled monthly review.
What are the current LTC-USD trading platforms in the Grayscale Litecoin Trust (LTCN) index?
The current LTC‑USD constituent trading platforms are Bitstamp by Robinhood, Crypto.com, Gemini, HashKey, Kraken, LMAX Digital, and OKX, as listed in the disclosure.
What are the current LTC-USDC trading platforms in the Grayscale Litecoin Trust (LTCN) index?
The current LTC‑USDC constituent trading platforms are Binance, Bullish, Bybit, Gate, Kraken, and OKX, according to the updated index composition.
Can the Grayscale Litecoin Trust (LTCN) index composition change again in the future?
Yes. The Index Provider notes that it may change the trading venues or the way the index price is calculated at any time, including during its scheduled monthly reviews, based on whether platforms meet its stated inclusion criteria.