Grayscale Litecoin Trust Expands Index Calculation Trading Platforms with OSL Addition

Grayscale Litecoin Trust has updated its index calculation trading platforms to include OSL, effective Monday. This change was made after OSL met the required conditions for inclusion following the monthly review by CoinDesk Indices, Inc.

The trust's performance has been affected by recent headwinds, with shares declining 38.92% over the past six months. The index provider conducts scheduled monthly reviews and may add or remove trading venues that meet or fail to meet its criteria.

The update does not involve any removals of existing Constituent Trading Platforms. As of Monday, the platforms used to calculate the index price for Grayscale Litecoin Trust include Bitstamp by Robinhood, Crypto.com, Gemini, HashKey, Kraken, LMAX Digital, OKX, and OSL for LTC-USD trading pairs.

The trust's market capitalization is currently $96.52 million, down significantly from its 52-week high of $11.79.