regulatory
confidence high
sentiment neutral
materiality 0.45
Grayscale Litecoin Trust holding period reduced to six months effective Dec 9
Grayscale Litecoin Trust (LTC)
- Minimum holding period for Shares purchased from Trust changed from 1 year to 6 months under Rule 144.
- Change effective Dec 9, 2021 after Trust met 90-day Exchange Act reporting requirement.
- As of Dec 9, 2021: 14,454,614 shares freely tradable out of 17,204,700 total outstanding.
- Total shares outstanding increased from 16,365,600 on June 9, 2021 to 17,204,700 on Dec 9, 2021.