Grayscale Litecoin Trust amends cascading rules for determining Index Price of LTC

Grayscale Litecoin Trust (LTC)

Effective January 11, 2022, the Sponsor updated the cascading set of rules used to determine the Index Price of Litecoin for operational purposes.
The new cascading rules include: 1) CoinDesk Litecoin Price Index (LTX), 2) Coin Metrics Real-Time Rate, 3) principal market spot price, 4) Sponsor's good faith estimate.
The changes aim to provide a clear methodology for valuation when primary index is unavailable or deemed inaccurate.
The cascading rules are used for non-GAAP operational valuation, not for financial statements.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.