Grayscale Litecoin Trust (LTC) Overview
Pro stress-test →Grayscale Litecoin Trust is a Delaware Statutory Trust formed in January 2018 that holds Litecoin (LTC) and issues shares in exchange for LTC holdings. The Trust provides retail investors with cryptocurrency exposure through a publicly traded vehicle, with assets of approximately $107 million as of March 31, 2026.
Strategic Profile
Pro stress-test →The Trust's investment objective is for share value to reflect the value of LTC held, less expenses and liabilities. However, shares have historically traded at a substantial premium over the underlying LTC value, a structural limitation of the current OTC trading format. In January 2025, an application was filed to list shares on NYSE Arca, with SEC approval granted in September 2025, which could address valuation discrepancies through improved market efficiency.
Competitive Landscape
Pro stress-test →The Grayscale Litecoin Trust competes in the cryptocurrency investment products space against direct spot LTC purchases, decentralized exchanges, and alternative digital asset funds. Primary competitors include Grayscale's own suite of crypto trusts (Bitcoin, Bitcoin Cash, Ethereum), as well as emerging spot crypto ETFs and Bitcoin investment products that offer lower-cost, more tax-efficient alternatives with lower valuation premiums.
Industry Context
Grayscale Litecoin Trust (LTC) operates in Cryptocurrency investment trusts and digital asset funds.
Key facts
Founded: 2018 · Headquarters: United States · Employees: N/A · Revenue: N/A · Market cap: N/A