Item 8.01 Other Events.
CoinDesk Indices, Inc. (the "Index Provider") announced a change to the
Constituent Exchanges used to derive the Index Price for Grayscale Litecoin
Trust (LTC) (the "Trust"). Effective January 28, 2023, the Index Provider
removed Bitstamp from the CoinDesk Litecoin Price Index (LTX) (the "Index") due
to the exchange not meeting the minimum liquidity requirement, and added Cboe
Digital as a Constituent Exchange due to the exchange meeting the minimum
liquidity requirement as part of its scheduled quarterly review. As of the date
of this current report, the Digital Asset Exchanges included in the Index are
Coinbase Pro, LMAX Digital, Kraken, and Cboe Digital.
The Index Provider may change the trading venues that are used to calculate the
Index Price or otherwise change the way in which an Index Price is calculated at
any time. The Index Provider has scheduled quarterly reviews in which it may add
or remove Constituent Exchanges that satisfy or fail the criteria described in
"Overview of the LTC Industry and Market-LTC Value-The Index and the Index
Price" in the Trust's Annual Report on Form 10-K for the year ended June 30,
2022, as filed with the Securities and Exchange Commission on September 1, 2022.
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