{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-083115","form_type":"8-K","ticker":"GDLC","cik":"0001729997","company_name":"Grayscale CoinDesk Crypto 5 ETF","filed_at":"2025-06-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.502213+00:00","generated_at":"2026-05-19T18:28:27.754855+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Grayscale Digital Large Cap Fund switches benchmark index from DLCS to CoinDesk 5 Index; holdings unchanged","bullets":["Effective June 5, 2025, Fund benchmark changed from CoinDesk Large Cap Select Index to CoinDesk 5 Index (CD5).","As of June 5, Fund components unchanged: Bitcoin 79.32%, Ether 11.97%, SOL 2.93%, XRP 4.87%, ADA 0.91%.","Starting July 1, 2025, Fund will value components using CoinDesk Index Prices instead of Digital Asset Reference Rates.","New CD5 methodology excludes wrapped tokens, memecoins, privacy-focused tokens, and securities-designated assets.","CD5 includes five largest liquid digital assets by market cap, rebalanced quarterly, with constituent trading platform criteria."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-083115","json":"https://secwatch.observer/filing/0000950170-25-083115.json","markdown":"https://secwatch.observer/filing/0000950170-25-083115.md","text":"https://secwatch.observer/filing/0000950170-25-083115.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1729997/000095017025083115/0000950170-25-083115-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1729997/000095017025083115/gdlc-20250605.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T18:28:27.754855+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}