Grayscale Ethereum Classic Trust extends index license agreement with CoinDesk Indices to February 2025

Grayscale Ethereum Classic Trust (ETC)

Amendment extends Index License Agreement term from Feb 29, 2024 to Feb 28, 2025.
Agreement governs use of CoinDesk Ether Classic Price Index (ECX) for Index Price calculation.
Confidential operational milestones and fee discounts included but redacted as non-material.

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 Ethereum Classic Trust (ETC) amended Amendment to 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 Ethereum Classic Trust (ETC) (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 Ether Classic Price Index (ECX) (the “Index”) to calculate the Index Price, among other things.

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Source: SEC EDGAR

accession 0000950170-23-029623

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