other
confidence high
sentiment neutral
materiality 0.25
Grayscale Ethereum Classic Trust amends ETC valuation cascade rules
Grayscale Ethereum Classic Trust (ETC)
- Sponsor updated cascading rules for determining Index Price effective Jan 11, 2022.
- Primary source: CoinDesk ECX Index; falls back to Coin Metrics Real-Time Rate.
- Third fallback: spot price from principal market; last resort: Sponsor good faith estimate.
- All determinations made in Sponsor's sole discretion with no predefined criteria.
- Change disclosed under Item 8.01; no impact on financial statements or NAV.