{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-236055","form_type":"8-K","ticker":"LTCN","cik":"0001732406","company_name":"Grayscale Litecoin Trust (LTC)","filed_at":"2025-10-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.274472+00:00","generated_at":"2026-05-17T04:12:40.049221+00:00","sec_items":["1.01","1.02","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Grayscale Litecoin Trust enters new Coinbase Prime Broker Agreement, conditional on NYSE Arca listing","bullets":["Executed Oct 3, 2025 with Coinbase Inc., Coinbase Custody, and Coinbase Credit; effective upon trust shares listing on NYSE Arca.","Trust's LTC held in Vault Balance (cold storage, segregated) and Settlement Balance (omnibus hot/cold wallets or Coinbase Connected Venues).","Custodian's max liability per cold storage address capped at $100M; total liability cap greater of asset value, 12-month fees, or $5M.","Sponsor pays annualized fee as percentage of monthly assets under custody plus monthly fee for creation/redemption of shares.","Previous custodian agreement terminated; risk factors updated in Exhibit 99.1, highlighting dependency on third-party service providers."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-236055","json":"https://secwatch.observer/filing/0001193125-25-236055.json","markdown":"https://secwatch.observer/filing/0001193125-25-236055.md","text":"https://secwatch.observer/filing/0001193125-25-236055.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1732406/000119312525236055/0001193125-25-236055-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1732406/000119312525236055/ltcn-20251003.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:12:40.049221+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}