secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale CoinDesk Crypto 5 ETF (GDLC)
CIK:        0001729997
Form:       8-K
Filed at:   2024-01-05T23:59:59+00:00
Accession:  0000950170-24-002470
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Digital Large Cap Fund adds AVAX and XRP, removes MATIC in Q4 rebalancing
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- GDLC new weights as of Jan 4: BTC 69.15%, ETH 21.90%, SOL 3.65%, XRP 2.54%, ADA 1.62%, AVAX 1.14%.
- Polygon (MATIC) removed; Avalanche (AVAX) and XRP added per CoinDesk Large Cap Select Index methodology.
- DeFi Fund (DEFG) removed Curve DAO Token (CRV); now holds UNI 41.11%, LDO 23.90%, MKR 13.39%, AAVE 12.63%, SNX 8.97%.
- Smart Contract Platform Ex-Ethereum Fund (GSCPxE) unchanged; top holdings SOL 44.54%, ADA 19.77%, AVAX 13.89%.
- XRP re-added after July 2023 court ruling that XRP is not a security; was removed Jan 2021 due to SEC action.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1729997/000095017024002470/0000950170-24-002470-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1729997/000095017024002470/gdlc-20240104.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-002470

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