secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale CoinDesk Crypto 5 ETF (GDLC)
CIK:        0001729997
Form:       8-K
Filed at:   2023-01-06T23:59:59+00:00
Accession:  0000950170-23-000289
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Digital Large Cap Fund removes AVAX, reweights to 65.02% BTC, 30.73% ETH
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- Avalanche (AVAX) removed from fund; no tokens added in Q4 2022 rebalancing.
- New portfolio weights: BTC 65.02%, ETH 30.73%, ADA 1.86%, MATIC 1.39%, SOL 1.00%.
- Rebalancing based on CoinDesk Large Cap Select Index methodology.
- Each share now represents 0.0004 BTC, 0.0025 ETH, 0.7123 ADA, 0.1803 MATIC, 0.0076 SOL.
- Grayscale also rebalanced DeFi Fund (added SNX) and GSCPxE Fund (removed ALGO).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1729997/000095017023000289/0000950170-23-000289-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1729997/000095017023000289/gdlc-20230105.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-000289

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