secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale CoinDesk Crypto 5 ETF (GDLC)
CIK:        0001729997
Form:       8-K
Filed at:   2022-11-16T23:59:59+00:00
Accession:  0000950170-22-025295
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1729997/000095017022025295/0000950170-22-025295-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1729997/000095017022025295/gdlc-20221111.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-025295

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer