---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-035630"
form_type: "8-K"
ticker: "GDLC"
cik: "0001729997"
company_name: "Grayscale CoinDesk Crypto 5 ETF"
filed_at: "2024-03-25T23:59:59+00:00"
generated_at: "2026-06-04T08:32:36.343883+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.05
calibrated_materiality_score: 0.05
confidence: "high"
source: SEC EDGAR
---

# Grayscale Digital Large Cap Fund amends Business Day definition in LLC Agreement

## Summary
- Amendment No. 3 changes 'Business Day' from days banks closed to days national securities exchanges closed.
- Effective March 22, 2024, the LLC Agreement uses exchange closures instead of bank closures.
- The change is purely procedural; no financial or operational impact disclosed.

## SEC filing metadata
- accession: 0000950170-24-035630
- form_type: 8-K
- ticker: GDLC
- cik: 0001729997
- company_name: Grayscale CoinDesk Crypto 5 ETF
- filed_at: 2024-03-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.05
- calibrated_materiality_score: 0.05
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729997/000095017024035630/0000950170-24-035630-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729997/000095017024035630/gdlc-20240322.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-035630
- JSON: https://secwatch.observer/filing/0000950170-24-035630.json
- Plain text: https://secwatch.observer/filing/0000950170-24-035630.txt

## Key facts
- Material Agreements
  Grayscale CoinDesk Crypto 5 ETF amended Amendment No. 3 (effective 2024-03-22).
  - Action: amendment
  - Effective: 2024-03-22
  source text: On March 22, 2024, Grayscale Investments, LLC, the manager (the “Manager”) of Grayscale Digital Large Cap Fund LLC (the “Fund”) entered into Amendment No. 3 (“Amendment No. 3”) to the Fund’s Second Amended and Restated Limited Liability Company Agreement (the “LLC Agreement”) in order to modify the definition of “Business Day” (as defined therein).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1729997/000095017024035630/0000950170-24-035630-index.htm

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