---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-029610"
form_type: "8-K"
ticker: "GDLC"
cik: "0001729997"
company_name: "Grayscale CoinDesk Crypto 5 ETF"
filed_at: "2023-06-23T23:59:59+00:00"
generated_at: "2026-06-13T18:12:29.351921+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Grayscale Digital Large Cap Fund extends CoinDesk index license term to Feb. 28, 2025

## Summary
- Amendment extends Index License Agreement end date from Feb. 29, 2024 to Feb. 28, 2025.
- Revised operational milestones and associated fee discounts included, details redacted as confidential.
- Agreement governs use of CoinDesk Large Cap Select Index to calculate Reference Rate for fund's digital assets.
- Amendment executed on June 20, 2023 by Grayscale Investments and CoinDesk Indices.

## SEC filing metadata
- accession: 0000950170-23-029610
- form_type: 8-K
- ticker: GDLC
- cik: 0001729997
- company_name: Grayscale CoinDesk Crypto 5 ETF
- filed_at: 2023-06-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729997/000095017023029610/0000950170-23-029610-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729997/000095017023029610/gdlc-20230620.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-029610
- JSON: https://secwatch.observer/filing/0000950170-23-029610.json
- Plain text: https://secwatch.observer/filing/0000950170-23-029610.txt

## Key facts
- Material Agreements
  Grayscale CoinDesk Crypto 5 ETF amended Index License Agreement with CoinDesk Indices, Inc. valued at extend the term of the agreement from February 29, 2024, to February 28, 2025 (effective 2023-06-20).
  - Action: amendment
  - Agreement: license
  - Counterparty: CoinDesk Indices, Inc.
  - Value: extend the term of the agreement from February 29, 2024, to February 28, 2025
  - Effective: 2023-06-20
  source text: On June 20, 2023, Grayscale Investments, LLC, the manager (the “Manager”) of Grayscale Digital Large Cap Fund LLC (the “Fund”), and CoinDesk Indices, Inc. (the “Reference Rate Provider”), entered into an Amendment (the “Amendment”) to the Index License Agreement dated January 31, 2022, between the Manager and the Reference Rate Provider (the “Index License Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729997/000095017023029610/0000950170-23-029610-index.htm

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