LTCC vs LTCN: which tracked its coin?

Over the window both share, LTCC finished 3.1 percentage points behind Litecoin and LTCN 4.3 ahead. Canary Litecoin ETF and Grayscale Litecoin Trust (LTC).

−33.2%
LTCC returned, since launch
−40.1%
LTCN returned, 1 year
−3.9%
LTCC against Litecoin
−4.8%
LTCN against Litecoin
LTCC · since launch to Sep 30, 20263.9% from Litecoin, compounded: not the coin's return
3.9% from Litecoin, compounded: not the coin's returnLTCC since launch: fund −33.20%, Litecoin −30.46%, 3.94% behind Litecoin, compounded.Litecoin−30.46%LTCC−33.20%3.94% behind Litecoin, compoundedTotal return, since launch, fund against the coin3.9% from Litecoin, compounded: not the coin's returnLTCC since launch: fund −33.20%, Litecoin −30.46%, 3.94% behind Litecoin, compounded.Litecoin−30.46%LTCC−33.20%3.94% behind, compoundedTotal return, since launch

LTCC since launch: fund −33.20%, Litecoin −30.46%, 3.94% behind Litecoin, compounded.

LTCN · 1 year to Sep 30, 20264.8% from Litecoin, compounded: not the coin's return
4.8% from Litecoin, compounded: not the coin's returnLTCN over 1 year: fund −40.10%, Litecoin −37.11%, 4.76% behind Litecoin, compounded.Litecoin−37.11%LTCN−40.10%4.76% behind, compoundedTotal return, 1 year, fund against the coin4.8% from Litecoin, compounded: not the coin's returnLTCN over 1 year: fund −40.10%, Litecoin −37.11%, 4.76% behind Litecoin, compounded.Litecoin−37.11%LTCN−40.10%4.76% behind, compoundedTotal return, 1 year

LTCN over 1 year: fund −40.10%, Litecoin −37.11%, 4.76% behind Litecoin, compounded.

ETFIQ Coin Capture Score · LTCN scores higherHow much of what holding the coin gave did a holder of the fund keep?

LTCC among the 25 spot crypto ETPs listed less than a year

LTCC 2
2.0, the lowest in this set98.0, the highest

LTCN among the 23 spot crypto ETPs with a full year

LTCN 2.2
2.2, the lowest in this set97.8, the highest

A percentile among the 25 spot crypto ETPs listed less than a year. LTCN is a percentile among the 23 spot crypto ETPs with a full year, a different set, so the two marks are not on one scale. It is a position in a set, not a rating, and neither end of it is a recommendation. All crypto ETFs ranked by it → How it is computed →

The same coin, two trusts

LTCC and LTCN hold the same asset. Both are 1933 Act trusts holding Litecoin through a custodian, so neither has a portfolio to compare: the whole of each fund is one line. Over the days each has traded, LTCC finished 3.9% behind Litecoin once both returns are compounded and LTCN 4.8% behind once both returns are compounded, but the two windows are not the same days, so neither figure is set against the other here. That gap is the fee, the custody, the creation and redemption friction and the market’s pricing of the shares, compounded into one figure. LTCN has 1,897 more days of record than LTCC, and a longer record is a longer window over which a cost can show itself.

Performance, window by window

Total returnThe coin over the same daysDifference, percentage points
WindowLTCCLTCNLTCCLTCNLTCCLTCN
1 month+35.3%+45.4%+38.5%+38.5%−3.2 pts+5.0% of its growth
3 months+55.8%+68.1%+57.5%+57.5%−1.7 pts+6.7% of its growth
6 months+21.8%+29.2%+24.9%+24.9%−3.1 pts+4.3 pts
1 yearnot published−40.1%not published−37.1%not published−4.8% of its growth
Since each listed
LTCC Oct 2025 · LTCN Aug 2020
−33.2%−77.1%−30.5%+2.7%−3.9% of its growth−77.7% of its growth

LTCC and LTCN over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

LTCC
Canary Litecoin ETF · Holds Litecoin through a custodian, listed Oct 28, 2025
LTCN
Grayscale Litecoin Trust (LTC) · Holds Litecoin through a custodian, listed Aug 18, 2020
Sponsor Canary Grayscale
Holds Litecoin Litecoin
Net assets not read not read
Sponsor’s fee not read 2.50%
Fee waiver none none
Staking possible; no clear answer read the chain has none
Listed Oct 28, 2025 Aug 18, 2020
Days since listing 337 days 2,234 days
Days it has traded 232 1,537
Days it closed unchanged 1 35
Quoted on an exchange, every trading day on an exchange, every trading day
Fund returned, 1 year or since launch −33.2% −40.1%
The coin over the same days −30.5% −37.1%
Difference, percentage points −3.9% of its growth −4.8% of its growth
Fund returned since it listed −33.2% −77.1%
Difference since it listed −3.9% of its growth −77.7% of its growth
Price $16.12 $5.2651

LTCC and LTCN on the same fields, as of Sep 30, 2026. Source: ETFIQ.

LTCC in plain words

LTCC holds Litecoin through a custodian and trades on an exchange, so a holder gets the coin’s return inside a brokerage account rather than a wallet. Over the time since it listed to Sep 30, 2026, Litecoin moved −30.5% and LTCC returned −33.2%. That leaves it 3.9% behind once both returns are compounded. Over a window this long the two returns cannot simply be subtracted. Doing it would read −2.7 pts, which is correct and describes nothing a holder can act on: what the figure above states is the gap between the two growth factors, so a fund that kept 96% of what holding the coin gave says exactly that. That difference is the fee, the custody cost, the friction of creating and redeeming shares in blocks, and whatever the market paid for the shares rather than for the coin, all of it together. It is the only figure on this page the sponsor does not publish itself. A spot trust is not a registered investment company. It files a 10-K rather than an N-PORT, and its holding is one line: the Litecoin it custodies.

LTCN in plain words

LTCN holds Litecoin through a custodian and trades on an exchange, so a holder gets the coin’s return inside a brokerage account rather than a wallet. Over the year to Sep 30, 2026, Litecoin moved −37.1% and LTCN returned −40.1%. That leaves it 4.8% behind once both returns are compounded. Doing it would read −3.0 pts, which is correct and describes nothing a holder can act on: what the figure above states is the gap between the two growth factors, so a fund that kept 95% of what holding the coin gave says exactly that. LTCN charges 2.50% a year and finished 4.8% behind Litecoin, so the fee is less than the whole difference and the rest is what the market paid for the shares, which moved against holders.

Questions people ask

Which tracked Litecoin more closely, LTCC or LTCN?
Over the days each has traded, LTCC finished 3.9% behind Litecoin once both returns are compounded and LTCN 4.8% behind once both returns are compounded. Those are not set against each other here, because the two windows are not the same days, so neither is nearer its coin than the other on this page. Each difference carries the fee, the custody cost, the friction of creating and redeeming shares in blocks and whatever the market paid for the shares rather than for the coin.
Do LTCC or LTCN pay a staking yield?
What is the difference between LTCC and LTCN?
Both hold Litecoin through a custodian and both trade on an exchange, so what separates them is what each costs a holder over time. LTCC is sponsored by Canary and listed Oct 28, 2025; LTCN by Grayscale, listed Aug 18, 2020.
Other comparisons
Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, LTCC against LTCN, data as of Sep 30, 2026. https://etfiq.com/compare/crypto/ltcc-vs-ltcn

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.