---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-059789"
form_type: "8-K"
ticker: "GDLC"
cik: "0001729997"
company_name: "Grayscale CoinDesk Crypto 5 ETF"
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T16:30:56.504216+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Grayscale Digital Large Cap Fund changes constituent exchanges for ETH reference rate; Kraken removed, Crypto.com added

## Summary
- CoinDesk Indices removed Kraken and added Crypto.com as Constituent Exchange for ETH reference rate effective Nov 2, 2023.
- Change due to Crypto.com surpassing Kraken in ETH trading volume.
- Other Fund Components (BTC, ADA, SOL, MATIC) constituent exchanges unchanged.
- Reference Rate Provider may adjust venues at any time, with quarterly reviews.

## SEC filing metadata
- accession: 0000950170-23-059789
- form_type: 8-K
- ticker: GDLC
- cik: 0001729997
- company_name: Grayscale CoinDesk Crypto 5 ETF
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729997/000095017023059789/0000950170-23-059789-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729997/000095017023059789/gdlc-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-059789
- JSON: https://secwatch.observer/filing/0000950170-23-059789.json
- Plain text: https://secwatch.observer/filing/0000950170-23-059789.txt

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