secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale CoinDesk Crypto 5 ETF (GDLC)
CIK:        0001729997
Form:       8-K
Filed at:   2024-04-04T23:59:59+00:00
Accession:  0000950170-24-041820
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GDLC removes Cardano (ADA) in Q1 2024 rebalancing; new weights: 70.96% BTC, 21.84% ETH
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- Fund Components now 70.96% BTC, 21.84% ETH, 4.52% SOL, 1.73% XRP, 0.95% AVAX as of Apr 3, 2024.
- Per share: 0.0004 BTC, 0.0023 ETH, 0.0086 SOL, 1.0600 XRP, 0.0073 AVAX.
- ADA sold; proceeds used to buy remaining components proportionally.
- Press release also notes DEFG unchanged and GSCPxE removed ATOM.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1729997/000095017024041820/0000950170-24-041820-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1729997/000095017024041820/gdlc-20240403.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-041820

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