Quarterly ResultMay 5, 2026, 04:13 PM
Grayscale Litecoin Trust Q3 Net Assets Down 39% to $107M; NAV $4.41
AI Summary
The Grayscale Litecoin Trust reported a significant decrease in net assets and NAV per share for the nine months ended March 31, 2026, primarily due to substantial unrealized losses on its Litecoin investment. Net assets fell to $107.01 million from $175.87 million at June 30, 2025, with NAV per share dropping to $4.41 from $7.25. The Trust also detailed recent management reorganization within its sponsor entities.
Key Highlights
- Net assets decreased to $107.01 million as of March 31, 2026, from $175.87 million at June 30, 2025.
- Principal Market NAV per Share declined to $4.41 from $7.25 over the same period.
- Total return for the nine months ended March 31, 2026, was -39.17%.
- Net change in unrealized depreciation on LTC investment was $(65.46) million for the nine months.
- Sponsor's Fee for the nine months ended March 31, 2026, was $3.30 million.
- Grayscale Investments, Inc. became the sole managing member of GSO and the Sponsor as of October 22, 2025.
- A Board of Managers was created on May 4, 2026, to manage the Sponsor's day-to-day affairs.