---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-051209"
form_type: "8-K"
ticker: "GDLC"
cik: "0001729997"
company_name: "Grayscale CoinDesk Crypto 5 ETF"
filed_at: "2025-04-04T23:59:59+00:00"
generated_at: "2026-05-23T21:11:45.344623+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Grayscale Digital Large Cap Fund Q1 2025 rebalancing: BTC 79.59%, ETH 10.54%, XRP 5.86%, SOL 2.88%, ADA 1.13%

## Summary
- GDLC rebalanced effective April 3, 2025; fund now holds Bitcoin (79.59%), Ether (10.54%), XRP (5.86%), Solana (2.88%), Cardano (1.13%).
- Each GDLC share represents 0.0004 BTC, 0.0022 ETH, 1.0697 XRP, 0.0094 SOL, and 0.6620 ADA.
- No new crypto added or removed; rebalancing follows CoinDesk Large Cap Select Index methodology.
- Grayscale also rebalanced DEFG, GSC Fund, and AI Fund (NEAR removed from GSC, LPT from AI Fund, not applicable to GDLC).

## SEC filing metadata
- accession: 0000950170-25-051209
- form_type: 8-K
- ticker: GDLC
- cik: 0001729997
- company_name: Grayscale CoinDesk Crypto 5 ETF
- filed_at: 2025-04-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729997/000095017025051209/0000950170-25-051209-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729997/000095017025051209/gdlc-20250402.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-051209
- JSON: https://secwatch.observer/filing/0000950170-25-051209.json
- Plain text: https://secwatch.observer/filing/0000950170-25-051209.txt

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