other material
confidence high
sentiment neutral
materiality 0.15
Grayscale Stellar Lumens Trust shareholders approve four trust agreement amendments via consent
Grayscale Stellar Lumens Trust (XLM)
- Proposal 1 (alternative creation/redemption of Baskets) approved with 97.74% consent.
- Proposal 2 (Sponsor's Fee payable daily in arrears) approved with 97.20% consent.
- Proposal 3 (omnibus accounts for trust estate) approved with 97.69% consent.
- Proposal 4 (Sponsor ability to amend with 20-day notice) approved with 95.94% consent.
- Consent solicitation concluded on Oct 15, 2025; amendments to be implemented later.