other material
confidence high
sentiment neutral
materiality 0.35
Grayscale Ethereum Classic Trust replaces Binance.US with Crypto.com in index price calculation
Grayscale Ethereum Classic Trust (ETC)
- Effective June 17, 2023, Binance.US removed from CoinDesk Ether Classic Price Index due to suspending USD deposits/withdrawals.
- Crypto.com added as constituent exchange; Index now uses Coinbase, Kraken, and Crypto.com.
- Index Provider may change trading venues or calculation method at any time; quarterly reviews scheduled.
- Change could affect the Trust's net asset value per share derived from the Index Price.