---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-093563"
form_type: "8-K"
ticker: "GDLC"
cik: "0001729997"
company_name: "Grayscale CoinDesk Crypto 5 ETF"
filed_at: "2025-07-03T23:59:59+00:00"
generated_at: "2026-05-18T09:28:19.411188+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SEC approves then stays Grayscale Digital Large Cap Fund NYSE Arca listing

## Summary
- On July 1, 2025, SEC approved listing of GDLC on NYSE Arca.
- Shortly after, SEC issued a notice of review and imposed a stay on the order.
- Manager Grayscale Investments Sponsors remains committed to pursuing the listing.
- No timeline provided for resolution of SEC review.

## SEC filing metadata
- accession: 0000950170-25-093563
- form_type: 8-K
- ticker: GDLC
- cik: 0001729997
- company_name: Grayscale CoinDesk Crypto 5 ETF
- filed_at: 2025-07-03T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729997/000095017025093563/0000950170-25-093563-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729997/000095017025093563/gdlc-20250703.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-093563
- JSON: https://secwatch.observer/filing/0000950170-25-093563.json
- Plain text: https://secwatch.observer/filing/0000950170-25-093563.txt

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