secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Litecoin Trust (LTC) (LTCN)
CIK:        0001732406
Form:       8-K
Filed at:   2025-09-26T23:59:59+00:00
Accession:  0001193125-25-220460
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Litecoin Trust (LTC) switches NAV index to CCIXber Reference Rate effective Oct 1, 2025
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- Replaces CoinDesk Litecoin Index (LTX) with CoinDesk LTC CCIXber Reference Rate for all NAV calculations.
- New index uses volume-weighted, real-time price from multiple trading platforms (e.g., Crypto.com, Kraken, LMAX Digital, Bitstamp).
- Index methodology includes outlier detection, inactivity de-weighting, and IOSCO-guided constituent selection.
- If primary index unavailable, Sponsor applies cascading fallback: Secondary Index (Coin Metrics), then Tertiary Pricing Option, then good-faith estimate.
- Change affects determination of NAV per share for LTCN starting October 1, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1732406/000119312525220460/0001193125-25-220460-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1732406/000119312525220460/ltcn-20250926.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-220460

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer