UNITED ~~STATES~~STATESSECURITIES AND EXCHANGE COMMISSIONWASHINGTON, D.C. 20549

SECURITIESFORM AND EXCHANGE COMMISSION8-K

~~WASHINGTON,~~CURRENT ~~D.C. 20549~~REPORT

~~____________________________~~Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

~~FORM~~Date ~~8-K~~of Report (Date of earliest event reported): August 4, 2025

~~____________________________~~Grayscale Ethereum Classic Trust (ETC)

~~CURRENT~~(Exact ~~REPORT~~name of Registrant as Specified in Its Charter)

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Delaware	000-56309	82-6239281
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

c/o Grayscale Investments Sponsors, LLC 290 Harbor Drive, 4th Floor
Stamford, Connecticut		06902
(Address of Principal Executive Offices)		(Zip Code)

~~Date~~Registrant’s ofTelephone ~~Report~~Number, ~~(Date~~Including ofArea ~~earliest event reported)~~Code: ~~April~~212 ~~9, 2025~~668-1427

~~____________________________~~N/A

~~Grayscale~~(Former ~~Ethereum~~Name ~~Classic~~or ~~Trust~~Former ~~(ETC~~Address, if Changed Since Last Report)

~~(Exact~~Check ~~name~~the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of ~~Registrant~~the asregistrant ~~Specified~~under inany ~~Its Charter)~~of the following provisions:

~~____________________________~~☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Delaware	000-56309	82-6239281
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

Securities registered pursuant to Section 12(g) of the Act:

c/o Grayscale Investments Sponsors, LLC
290 Harbor Drive, 4th Floor
Stamford, Connecticut	06902
(Address of Principal Executive Offices)	(Zip Code)


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Grayscale Ethereum Classic Trust (ETC) Shares	ETCG	N/A

~~Registrant’s~~Indicate ~~Telephone~~by ~~Number,~~check ~~Including~~mark ~~Area~~whether ~~Code:~~the ~~212~~registrant ~~668~~is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-~~1427~~2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

~~N/A~~Emerging ~~(Former~~growth ~~Name~~company ~~or Former Address, if Changed Since Last Report)~~☒

~~____________________________~~If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

~~Check~~Item ~~the~~5.02. Departure ~~appropriate~~of ~~box~~Directors ~~below~~or ifCertain ~~the~~Officers; ~~Form~~Election ~~8-K~~of ~~filing~~Directors; isAppointment ~~intended to simultaneously satisfy the filing obligation~~ of ~~the~~Certain ~~registrant~~Officers; ~~under~~Compensatory ~~any~~Arrangements of ~~the~~Certain ~~following provisions:~~Officers.

☐On ~~Written~~August ~~communications~~4, ~~pursuant~~2025, toGrayscale ~~Rule~~Investments ~~425~~Sponsors, ~~under~~LLC (together with its affiliates as the ~~Securities~~context ~~Act~~may require, “Grayscale”), the sponsor of the registrant, announced that GSO Intermediate Holdings Corporation, the sole managing member of Grayscale Operating, LLC, the sole member of Grayscale Investments Sponsors, LLC, has approved the appointment of Barry Silbert as a Director and Chairman of the Board of Directors (17the ~~CFR~~“Board”). ~~230~~Mark Shifke will step down from his position as Chairman of the Board, but remain on the Board as a Director.~~425)~~ Grayscale is also considering expanding the Board further to include independent directors.

☐Barry ~~Soliciting~~Silbert ~~material~~is ~~pursuant~~the Founder and CEO of DCG, a global investor and incubator building a decentralized future to ~~Rule~~unlock ~~14a-12~~economic ~~under~~and societal opportunity. A pioneer in blockchain investing, Barry established himself in 2012 as one of the ~~Exchange~~earliest ~~Act~~and ~~(17~~most ~~CFR~~active ~~240~~investors in the space.~~14a~~ In 2015, he founded DCG and today, it is one of the world’s most prolific investors in decentralized technologies, backing over 250 early-~~12)~~stage companies in over 40 countries around the globe. In 2024 Barry founded Yuma, a decentralized AI-focused DCG subsidiary where he serves as CEO. Yuma invests in, builds, and scales the Bittensor network.

☐In ~~Pre-commencement~~addition ~~communications~~to ~~pursuant~~its investment portfolio, DCG owns Grayscale Investments, Foundry, Fortitude, Luno, and Yuma. DCG also invests directly in digital currencies and other digital assets. Prior to ~~Rule~~DCG, ~~14d~~Barry was the founder and CEO of SecondMarket, a venture-~~2(b)~~backed technology company that was acquired by Nasdaq. Barry has received numerous awards and accolades including being named Entrepreneur of the Year by both Ernst & Young and Crain’s, and being selected to Fortune’s prestigious “40 under 40” list. Before becoming an entrepreneur, Barry worked as an investment banker in New York. He graduated with honors from the ~~Exchange~~Goizueta ~~Act~~Business ~~(17~~School ~~CFR~~of ~~240~~Emory University.~~14d-2(b))~~

☐A ~~Pre-commencement~~copy ~~communications~~of ~~pursuant~~Grayscale’s press release is attached as Exhibit 99.1 to ~~Rule~~this ~~13e-4(c)~~Current ~~under~~Report ~~the~~on ~~Exchange~~Form ~~Act~~8-K ~~(17~~and ~~CFR~~is ~~240~~incorporated by reference herein.~~13e-4(c))~~

~~Securities~~Investments ~~registered~~in ~~pursuant~~Grayscale ~~to Section 12(g) of the Act:~~Products

~~Title~~Our ofdirectors ~~each~~and ~~class~~executive ~~Trading~~officers ~~Symbol~~are generally permitted to invest their own capital (s)or ~~Name~~capital of ~~each~~estate ~~exchange~~planning onvehicles ~~which~~controlled ~~registered~~by ~~Grayscale~~them ~~Ethereum~~or ~~Classic~~their ~~Trust~~immediate ~~(ETC~~family members) ~~Shares~~directly ~~ETCG~~in ~~N/A~~our funds and investment vehicles. These investments are entered into in the ordinary course of business on substantially the same terms as those prevailing at the time for comparable investments by similarly situated investors.

~~Indicate~~Item ~~by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230~~9.~~405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240~~01.~~12b-2~~ Financial ofStatements ~~this~~and ~~chapter).~~Exhibits

~~Emerging growth company ☒~~(d) Exhibits

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Exhibit No.		Description

99.1		Press Release, dated August 4, 2025, of Grayscale
104		Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document).

~~Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.~~SIGNATURES

OnPursuant ~~April~~to ~~9, 2025, Grayscale Investments Sponsors, LLC (together with its affiliates as~~ the ~~context~~requirements ~~may require, “Grayscale”), the sponsor~~ of the ~~registrant,~~ ~~announced~~Securities ~~that~~Exchange ~~GSO~~Act ~~Intermediate Holdings Corporation, the sole managing member~~ of ~~Grayscale Operating~~1934, ~~LLC,~~ the ~~sole~~registrant ~~member of Grayscale Investments Sponsors, LLC,~~ has ~~approved~~duly ~~the~~caused ~~appointment~~this ofreport ~~Diana Zhang~~ to ~~serve~~be assigned ~~the~~on ~~new~~its ~~Chief~~behalf ~~Operating~~by ~~Officer of Grayscale Operating, LLC, effective May 6, 2025. Ms. Zhang will succeed Hugh Ross,~~ the ~~current~~undersigned ~~Chief~~thereunto ~~Operating~~duly Officer of Grayscale Operating, LLC, who has decided to step down from his position and is expected to remain with Grayscale to assist with the transition of his responsibilities until his departure on or prior to May 31, 2025authorized.

For more than a decade, Ms. Zhang held multiple executive roles at Bridgewater Associates, a globally recognized asset management firm, including as a Deputy to the co-CEO and as COO of Investment Research. Most recently, Ms. Zhang was the COO of BlockTower Capital, a leading institutional investment firm focused on digital and traditional asset classes. Ms. Zhang also co-founded NeighborShare, a technology-driven nonprofit that helps families through pivotal moments of need of $400 or less that would otherwise go unmet.


			Grayscale Investments Sponsors, LLC, as Sponsor of Grayscale Ethereum Classic Trust (ETC)

Date:	August 4, 2025	By:	/s/ Edward McGee
			Name: Edward McGee Title: Chief Financial Officer*

A* ~~copy~~The ofRegistrant ~~Grayscale’s press~~is ~~release~~a istrust ~~attached~~and asthe ~~Exhibit~~identified ~~99.1~~person tosigning this ~~Current~~report ~~Report~~is onsigning ~~Form~~in ~~8-K~~their ~~and~~capacity isas ~~incorporated~~an byauthorized ~~reference~~officer ~~herein~~of Grayscale Investments Sponsors, LLC, the Sponsor of the Registrant.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit No.		Description
99.1		Press Release, dated April 9, 2025, of Grayscale
104		Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

			Grayscale Investments Sponsors, LLC as Sponsor of Grayscale Ethereum Classic Trust (ETC)
Date:	April 9, 2025	By:	/s/ Edward McGee
			Edward McGee Chief Financial Officer*

* The Registrant is a trust and the identified person signing this report is signing in their capacity as an authorized officer of Grayscale Operating, LLC, the sole member of Grayscale Investments Sponsors, LLC, the Sponsor of the Registrant.

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