DCG announces $250M share repurchase program for Grayscale Litecoin Trust and other products

Grayscale Litecoin Trust (LTC)

DCG authorized up to $30M for Grayscale Litecoin Trust (LTCN), $10M for Horizen Trust (HZEN), $10M for Zcash Trust (ZCSH).
Up to $200M aggregate for six other Grayscale products: BCHG, GBTC, GDLC, ETCG, ETHE, GXLM.
Increases prior authorizations for GBTC ($301.3M remaining) and ETCG ($4.5M remaining).
Purchases on open market at DCG's discretion using cash on hand; no obligation to buy specific amounts.

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