Grayscale Bitcoin Cash Trust extends index license with CoinDesk Indices to Feb 2025

Grayscale Bitcoin Cash Trust (BCH)

Amendment dated June 20, 2023 extends Index License Agreement term from Feb 29, 2024 to Feb 28, 2025.
Agreement governs use of CoinDesk Bitcoin Cash Price Index (BCX) for calculating Index Price.
Also updates operational milestones and redefines reference from TradeBlock to CDI (CoinDesk Indices).
Redacted portions indicate confidential competitive terms omitted.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Grayscale Bitcoin Cash Trust (BCH) amended Index License Agreement with CoinDesk Indices, Inc. (effective 2023-06-20).

Action: amendment
Agreement: license
Counterparty: CoinDesk Indices, Inc.
Effective: 2023-06-20

Exact text from the filing

On June 20, 2023, Grayscale Investments, LLC, the sponsor (the “Sponsor”) of Grayscale Bitcoin Cash Trust (BCH) (the “Trust”), and CoinDesk Indices, Inc. (the “Index Provider”), entered into an Amendment (the “Amendment”) to the Index License Agreement dated January 31, 2022, between the Sponsor and the Index Provider (the “Index License Agreement”) governing the Sponsor’s use of the CoinDesk Bitcoin Cash Price Index (BCX) (the “Index”) to calculate the Index Price, among other things.

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Source: SEC EDGAR

accession 0000950170-23-029614

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