secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale CoinDesk Crypto 5 ETF (GDLC)
CIK:        0001729997
Form:       8-K
Filed at:   2025-01-08T23:59:59+00:00
Accession:  0000950170-25-003452
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Digital Large Cap Fund adds Cardano, drops Avalanche in Q4 2024 rebalance
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- New Fund weights: Bitcoin 73.52%, Ether 16.16%, XRP 5.05%, Solana 3.83%, Cardano 1.44% as of Jan 6, 2025.
- Cardano (ADA) added to Fund; Avalanche (AVAX) removed following CoinDesk Large Cap Select Index rebalancing.
- Reference rate provider added Bullish and removed LMAX Digital as Constituent Trading Platform for Ether.
- Grayscale also rebalanced its AI Fund, DeFi Fund, and Smart Contract Platform Ex-Ethereum Fund (separate entities).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1729997/000095017025003452/0000950170-25-003452-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1729997/000095017025003452/gdlc-20250103.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-003452

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