---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-045239"
form_type: "8-K"
ticker: "ETHE"
cik: "0001725210"
company_name: "Grayscale Ethereum Staking ETF"
filed_at: "2025-03-26T23:59:59+00:00"
generated_at: "2026-05-24T05:03:03.927975+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# CoinDesk Ether Price Index adds Bullish, drops LMAX Digital effective March 23, 2025

## Summary
- Index Provider added Bullish and removed LMAX Digital from the CoinDesk Ether Price Index (ETX) as of March 23, 2025.
- Current constituent trading platforms: Coinbase, Kraken, Crypto.com, and Bullish.
- The change may affect the Trust's NAV as the Index Price is derived from these platforms.
- Index Provider may adjust constituents quarterly; LMAX Digital removed for failing minimum liquidity.

## SEC filing metadata
- accession: 0000950170-25-045239
- form_type: 8-K
- ticker: ETHE
- cik: 0001725210
- company_name: Grayscale Ethereum Staking ETF
- filed_at: 2025-03-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1725210/000095017025045239/0000950170-25-045239-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1725210/000095017025045239/ethe-20250323.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-045239
- JSON: https://secwatch.observer/filing/0000950170-25-045239.json
- Plain text: https://secwatch.observer/filing/0000950170-25-045239.txt

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