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 November 10, 2022, the Index Provider
removed FTX.US from the CoinDesk Litecoin Price Index (LTX) (the "Index") due to
the exchange's announcement that trading may be halted which would impact the
exchange's ability to reliably publish trade prices and volumes on a real-time
basis through APIs, and did not add any Constituent Exchanges as part of its
review. As of the date of this current report, the Digital Asset Exchanges
included in the Index are Coinbase Pro, LMAX Digital, Kraken, and Bitstamp.
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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