---
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"
generated_at: "2026-05-17T04:12:40.049221+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Grayscale Litecoin Trust enters new Coinbase Prime Broker Agreement, conditional on NYSE Arca listing

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-236055
- JSON: https://secwatch.observer/filing/0001193125-25-236055.json
- Plain text: https://secwatch.observer/filing/0001193125-25-236055.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.