secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale CoinDesk Crypto 5 ETF (GDLC)
CIK:        0001729997
Form:       8-K
Filed at:   2023-06-23T23:59:59+00:00
Accession:  0000950170-23-029638
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Digital Large Cap Fund changes valuation exchanges after Binance.US suspension
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- Binance.US removed as constituent exchange for BTC, ETH, ADA, SOL, MATIC due to suspending USD deposits/withdrawals.
- Kraken added for BTC; LMAX Digital for ETH & SOL; Crypto.com for ADA & MATIC effective June 16, 2023.
- Changes affect calculation of Digital Asset Reference Rate used to value fund components.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1729997/000095017023029638/0000950170-23-029638-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1729997/000095017023029638/gdlc-20230616.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-029638

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