Grayscale’s Litecoin-Based Asset Sees Wild Premium Swings

Cointelegraph

Published Aug 21, 2020 02:38PM ET

Updated Aug 23, 2020 12:40AM ET

Grayscale's LTCN asset, boasting publicly quoted over-the-counter shares, currently trades far above the price of Litecoin (LTC) — its underlying asset.

At press time, Litecoin trades at $60.62, while LTCN shares trade at $54.01. The two prices seem close, although each share of LTCN equals just 0.094 LTC, according to Grayscale's website.

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