---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-025295"
form_type: "8-K"
ticker: "GDLC"
cik: "0001729997"
company_name: "Grayscale CoinDesk Crypto 5 ETF"
filed_at: "2022-11-16T23:59:59+00:00"
generated_at: "2026-06-21T17:35:34.744900+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CoinDesk removes FTX.US from constituent exchanges for GDLC components ETH, SOL, AVAX

## Summary
- FTX.US removed as constituent exchange for ETH, SOL, and AVAX due to potential trading halt announcement.
- Replaced by LMAX Digital (ETH), Binance.US (SOL), and Kraken (AVAX) effective Nov 11, 2022.
- Constituent exchanges for BTC, ADA, and MATIC remain unchanged.
- Change driven by FTX.US inability to reliably publish real-time trade prices and volumes.
- Reference Rate Provider may continue to adjust constituent exchanges in quarterly reviews.

## SEC filing metadata
- accession: 0000950170-22-025295
- form_type: 8-K
- ticker: GDLC
- cik: 0001729997
- company_name: Grayscale CoinDesk Crypto 5 ETF
- filed_at: 2022-11-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729997/000095017022025295/0000950170-22-025295-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729997/000095017022025295/gdlc-20221111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-025295
- JSON: https://secwatch.observer/filing/0000950170-22-025295.json
- Plain text: https://secwatch.observer/filing/0000950170-22-025295.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.