Fair Value of Litecoin

12 Months Ended

Jun. 30, 2025

Fair Value Disclosures [Abstract]

Fair Value of Litecoin

3. Fair Value of LTC

LTC is held by the Custodian on behalf of the Trust and is carried at fair value. As of June 30, 2025, 2024 and 2023 the Trust held 2,018,905.79240947, 1,794,013.32656083 and 1,505,668.18819118 LTC, respectively.

The Trust determined the fair value per LTC to be $87.11, $74.60, and $105.38 on June 30, 2025, 2024 and 2023 respectively, using the price provided at 4:00 p.m., New York time, by the Digital Asset Trading Platform Market considered to be the Trust’s principal market (Coinbase).

The following represents the changes in quantity of LTC and the respective fair value:

(Amounts in thousands, except LTC amounts)	Quantity			Fair Value
Balance at June 30, 2022		1,543,785.68163914		$	79,397
LTC contributed		-			-
LTC distributed for Sponsor’s Fee, related party		(38,117.49344796	)		(2,816	)
Net change in unrealized appreciation on investment in LTC		-			82,832
Net realized loss on investment in LTC		-			(746	)
Balance at June 30, 2023		1,505,668.18819118		$	158,667
LTC contributed		327,131.54011692			27,463
LTC distributed for Sponsor’s Fee, related party		(38,786.40174727	)		(2,989	)
Net change in unrealized depreciation on investment in LTC		-			(48,686	)
Net realized loss on investment in LTC		-			(622	)
Balance at June 30, 2024		1,794,013.32656083		$	133,833
LTC contributed		274,057.77826677			22,624
LTC distributed for Sponsor’s Fee, related party		(49,165.31241813	)		(4,345	)
Net change in unrealized depreciation on investment in LTC		-			23,859
Net realized loss on investment in LTC		-			(104	)
Balance at June 30, 2025		2,018,905.79240947		$	175,867