Grayscale Litecoin Trust (LTC) filed its Form 10-Q for the quarterly period ended September 30, 2026, reporting a net increase in net assets from operations of $47,343 thousand for the three months ended September 30, 2026.

Key Highlights

  • Net assets rose to $129,650 thousand at September 30, 2026, up from $82,307 thousand at June 30, 2026, according to the filing.
  • Principal Market NAV per Share was $5.35 at September 30, 2026, compared to $3.39 at June 30, 2026.
  • Net unrealized appreciation of $48,463 thousand was recorded for the three months ended September 30, 2026.
  • Sponsor's Fee expense was $616 thousand for the three months ended September 30, 2026, versus $1,393 thousand for the same period in 2025.
  • The Trust held 1,956,687.97619975 LTC at September 30, 2026, with a fair value of $129,650 thousand and a cost basis of $177,080 thousand.
  • Shares outstanding remained unchanged at 24,252,100, with no shares issued or redeemed during the quarter.

Grayscale Litecoin Trust Q3 2026 Financial Results and LTC Holdings

According to the filing, Grayscale Litecoin Trust (LTC), traded on the OTCQX Best Market under the symbol LTCN (OTCQX:LTCN), reported a net increase in net assets resulting from operations of $47,343 thousand for the three months ended September 30, 2026. The Trust's net assets grew from $82,307 thousand at the beginning of the period to $129,650 thousand at the end, driven primarily by a net change in unrealized appreciation of $48,463 thousand. This compares to a net increase in net assets from operations of $38,538 thousand for the three months ended September 30, 2025, when beginning net assets were $175,867 thousand.

The filing disclosed that the Trust recorded a net realized loss of $504 thousand from LTC sold to pay expenses during the three months ended September 30, 2026, compared to a net realized gain of $245 thousand in the same period of 2025. The Trust reported no investment income in either period. The Sponsor's Fee, described as a related-party expense, totaled $616 thousand for the current quarter. The Trust's investment in LTC had a cost of $177,080 thousand and a fair value of $129,650 thousand as of September 30, 2026, representing 100% of net assets.

The Trust disclosed that it did not operate a redemption program as of September 30, 2026, and that it "may in the future operate a redemption program" subject to regulatory and Sponsor approval. Grayscale Investments Sponsors, LLC serves as the sole Sponsor since May 3, 2025, and is a consolidated subsidiary of Digital Currency Group, Inc. Coinbase Custody Trust Company, LLC acts as custodian. No new shares were issued during the quarter, leaving shares outstanding at 24,252,100 as of both the period end and November 6, 2026.

What Was Disclosed

The Trust filed a 10-Q for the quarter ended September 30, 2026, disclosing a rise in net assets to $129,650 thousand, a NAV per share of $5.35, and no change in shares outstanding. The Trust held 1,956,687.97619975 LTC as its sole investment.