Grayscale launches the #DropGold Campaign. Learn why gold is good, but bitcoin is better.

Grayscale Stellar Lumens Trust


A platform that connects banks, payment systems, and people.

Overview
Market Performance
Resources

Grayscale Stellar Lumens Trust’s shares are the first securities solely invested in and deriving value from the price of XLM.

Grayscale Stellar Lumens Trust* enables investors to gain exposure to the price movement of XLM through a traditional investment vehicle, without the challenges of buying, storing, and safekeeping XLM.

Investment Objective Shares (based on XLM per Share as indicated below) track the XLM market price, less fees and expenses*
Benchmark Index TradeBlock XLMX Index 24-hour VWAP
CUSIP 38963R105
ISIN US38963R1059
Bloomberg XLMFUND***
Inception Date 12/6/2018
Annual Fee 2.5%
AUM $0.4M‡
Shares Outstanding 48,100‡
XLM per Share 98.3897619‡
Independent Auditor: Friedman LLP
Legal Counsel: Davis Polk & Wardwell LLP
Transfer Agent: Continental Stock Transfer & Trust

* “Stellar” is a trademark of the Stellar Development Foundation. The Trust is not affiliated with, endorsed by, or supported by the Stellar Development Foundation.

** Grayscale Stellar Lumens Trust does not currently operate a redemption program and may halt creations from time to time. The Trust may, but will not be required to, seek regulatory approval to operate a redemption program.

***Valuation represents the XLM Holdings of the Trust
‡ As of July 31, 2019

Titled, auditable ownership through a traditional investment vehicle

Grayscale Stellar Lumens Trust is a traditional investment vehicle with shares titled in the investors name, providing a familiar structure for financial and tax advisors and easy transferability to beneficiaries under estate laws.

Eligible for tax-advantaged accounts

Shares of Grayscale Stellar Lumens Trust are eligible to be held in certain IRA, Roth IRA, and other brokerage and investor accounts.

Supported by a network of trusted service providers

Davis Polk & Wardwell LLP serves as legal counsel to the Sponsor of Grayscale Stellar Lumens Trust. Financial statements for Grayscale Stellar Lumens Trust are audited annually by Friedman LLP.

Robust security and storage

Grayscale Stellar Lumens Trust’s assets are stored in offline or “cold” storage with Coinbase Custody Trust Company, LLC, as Custodian. The Custodian is a fiduciary under § 100 of the New York Banking Law and a qualified custodian for purposes of Rule 206(4)-2(d)(6) under the Investment Advisers Act of 1940, as amended.

Grayscale Stellar Lumens Trust’s shares are the first securities solely invested in and deriving value from the price of XLM.

Grayscale Stellar Lumens Trust* provides a secure structure to gain exposure to the price performance of XLM.

XLM Holdings/Share
2019-08-22 6.60
2019-08-21 6.59
2019-08-20 6.90
2019-08-19 7.00
2019-08-16 6.78
2019-08-15 6.69
2019-08-14 6.94
2019-08-13 7.25
2019-08-12 7.58
2019-08-09 7.33
2019-08-08 7.60
2019-08-07 7.68
2019-08-06 8.03
2019-08-05 8.13
2019-08-02 8.14
2019-08-01 8.16
2019-07-31 8.26
2019-07-30 8.19
2019-07-29 8.21
2019-07-26 8.42
2019-07-25 8.49
2019-07-24 8.25
2019-07-23 8.45
2019-07-22 8.81
2019-07-19 8.80
2019-07-18 8.38
2019-07-17 7.86
2019-07-16 8.16
2019-07-15 8.43
2019-07-12 9.26
2019-07-11 8.91
2019-07-10 9.60
2019-07-09 10.18
2019-07-08 10.36
2019-07-05 9.90
2019-07-03 10.20
2019-07-02 10.11
2019-07-01 10.32
2019-06-28 10.74
2019-06-27 11.24
2019-06-26 12.47
2019-06-25 12.41
2019-06-24 12.55
2019-06-21 12.13
2019-06-20 12.13
2019-06-19 12.23
2019-06-18 12.61
2019-06-17 12.74
2019-06-14 12.15
2019-06-13 12.50
2019-06-12 12.31
2019-06-11 12.01
2019-06-10 11.93
2019-06-07 12.49
2019-06-06 12.02
2019-06-05 11.98
2019-06-04 12.28
2019-06-03 13.30
2019-05-31 12.68
2019-05-30 13.73
2019-05-29 13.52
2019-05-28 13.60
2019-05-24 12.53
2019-05-23 12.14
2019-05-22 13.05
2019-05-21 13.32
2019-05-20 13.57
2019-05-17 12.52
2019-05-16 14.31
2019-05-15 11.93
2019-05-14 10.84
2019-05-13 10.04
2019-05-10 8.93
2019-05-09 8.91
2019-05-08 9.10
2019-05-07 9.52
2019-05-06 9.45
2019-05-03 9.86
2019-05-02 9.81
2019-05-01 9.93
2019-04-30 9.54
2019-04-29 9.44
2019-04-26 9.63
2019-04-25 10.30
2019-04-24 10.34
2019-04-23 11.11
2019-04-22 11.11
2019-04-18 11.62
2019-04-17 11.41
2019-04-16 11.23
2019-04-15 11.50
2019-04-12 11.29
2019-04-11 11.80
2019-04-10 12.58
2019-04-09 12.72
2019-04-08 13.06
2019-04-05 12.39
2019-04-04 12.29
2019-04-03 12.57
2019-04-02 11.63
2019-04-01 10.87
2019-03-29 10.55
2019-03-28 10.50
2019-03-27 10.39
2019-03-26 9.91
2019-03-25 10.17
2019-03-22 10.59
2019-03-21 10.55
2019-03-20 10.98
2019-03-19 11.38
2019-03-18 11.04
2019-03-15 10.43
2019-03-14 10.74
2019-03-13 10.24
2019-03-12 10.03
2019-03-11 10.22
2019-03-08 8.67
2019-03-07 8.41
2019-03-06 8.39
2019-03-05 8.30
2019-03-04 8.34
2019-03-01 8.38
2019-02-28 8.27
2019-02-27 8.32
2019-02-26 8.40
2019-02-25 8.44
2019-02-22 8.84
2019-02-21 8.98
2019-02-20 8.81
2019-02-19 8.77
2019-02-15 7.66
2019-02-14 7.47
2019-02-13 7.57
2019-02-12 7.50
2019-02-11 7.70
2019-02-08 7.72
2019-02-07 7.35
2019-02-06 7.28
2019-02-05 7.62
2019-02-05 7.62
2019-02-04 7.81
2019-02-01 8.00
2019-01-31 8.27
2019-01-30 8.40
2019-01-29 8.28
2019-01-28 8.64
2019-01-25 9.94
2019-01-24 9.99
2019-01-23 10.15
2019-01-22 10.10
2019-01-18 10.63
2019-01-17 10.55
2019-01-16 10.54
2019-01-15 10.59
2019-01-14 10.57
2019-01-11 10.55
2019-01-10 11.53
2019-01-09 12.24
2019-01-08 12.21
2019-01-07 12.22
2019-01-04 11.20
2019-01-03 11.41
2018-12-31 11.35
2018-12-28 11.15
2018-12-27 11.39
2018-12-26 11.80
2018-12-24 13.46
2018-12-21 12.51
2018-12-20 11.93
2018-12-19 11.78
2018-12-18 10.78
2018-12-17 10.07
2018-12-14 10.02
2018-12-13 10.92
2018-12-12 11.20
2018-12-11 11.25
2018-12-10 11.69
2018-12-07 10.99
2018-12-06 12.91
XLM Holdings per Share**
At close as of 8/22/2019
$6.60
Day Change 0.15%
Returns‡ 1 Day 1 Month 3 Months YTD 12 Months Since Inception
XLM Holdings** 0.15% -25.09% -49.43% -41.85% - -48.88%

Past performance is not necessarily indicative of future results.

* “Stellar” is a trademark of the Stellar Development Foundation. The Trust is not affiliated with, endorsed by, or supported by the Stellar Development Foundation.

** XLM Holdings per Share is calculated daily at 4pm ET, based on a TradeBlock XLMX Composite 24-hour VWAP. For more information about how XLM Holdings is calculated, please refer to the private placement memorandum.

‡ At close as of 8/22/2019

Downloads

Grayscale Stellar Lumens Trust Fact Sheet Grayscale Stellar Lumens Overview
  • Please enter your information below to access: Grayscale Stellar Lumens Overview

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • 13 − 2 =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).

XLM Trust in the News

01.17.19

Grayscale Launches Stellar Lumens Trust

NEW YORK, Jan. 17, 2019 /PRNewswire/ -- Grayscale Investments, LLC, a global leader in digital currency asset management, today announced it has launched Grayscale Stellar Lumens Trust, the first single-asset investment product that provides exposure to Lumens (XLM), the native asset of the Stellar network. This is the ninth single-asset investment product introduced by Grayscale, which also manages Grayscale Digital Large Cap Fund™, a diversified investment product that provides exposure to the top digital currencies by market cap.

PR Newswire
  • Please enter your information below to access: Grayscale Digital Asset Investment Report

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • nine − seven =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
  • Please enter your information below to access: Into the Ether with Ethereum Classic

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
  • Please enter your information below to access: The Zcash Investment Thesis

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • eight plus 7 =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
  • Please enter your information below to access: Hedging Global Liquidity Risk with Bitcoin

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • 13 + 7 =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
  • Please enter your information below to access: Bitcoin & the Rise of Digital Gold

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • 11 − five =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
  • Please enter your information below to access: A New Frontier

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • twelve + 1 =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
  • Please enter your information below to access: Digital Asset Investment Report

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • 10 + three =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
  • Please enter your information below to access: Digital Asset Investment Report

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • eleven + four =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
  • Please enter your information below to access: The Horizen (ZEN) Investment Thesis

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • eight minus 1 =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
  • Please enter your information below to access: Digital Asset Investment Report

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • 8 − 5 =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
  • Please enter your information below to access: The Next Bitcoin Halving

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • 12 − 5 =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
  • Please enter your information below to access: Performance & Risk Monitor

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • 12 − 1 =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
  • Please enter your information below to access: The Modern Portfolio

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • eight plus six =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
  • Please enter your information below to access: Investor Presentation

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • 11 plus seven =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
  • Please enter your information below to access: Hedging Global Liquidity Risk with Bitcoin

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • eleven − seven =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
  • Please enter your information below to access: 2019 Mid Year Review Webinar

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • 11 − 7 =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).
  • Please enter your information below to access: Bitcoin & the Rise of Digital Gold

    Please note Grayscale's Investment Vehicles are only available to accredited Investors. *

  • eleven − 2 =
  • *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).