{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-091216","form_type":"8-K","ticker":"GDLC","cik":"0001729997","company_name":"Grayscale CoinDesk Crypto 5 ETF","filed_at":"2025-06-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.502580+00:00","generated_at":"2026-05-18T13:42:05.534684+00:00","sec_items":["1.01","1.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Grayscale Digital Large Cap Fund enters prime broker agreement with Coinbase; effective upon NYSE Arca uplisting","bullets":["Agreement with Coinbase entities covers custody and prime brokerage services; effective on date GDLC shares begin trading on NYSE Arca as ETP.","Fund's assets held in cold storage vault balance and hot settlement balance; private keys sharded and distributed globally.","Custodian liability capped at $100M per cold storage address; total liability caps based on fees or $5M.","Manager pays annualized fee as percentage of AUM monthly; plus monthly fee for creation/redemption withdrawals.","Previous custodian agreement terminated; risk factors updated in Exhibit 99.1."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-091216","json":"https://secwatch.observer/filing/0000950170-25-091216.json","markdown":"https://secwatch.observer/filing/0000950170-25-091216.md","text":"https://secwatch.observer/filing/0000950170-25-091216.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1729997/000095017025091216/0000950170-25-091216-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1729997/000095017025091216/gdlc-20250625.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T13:42:05.534684+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"}