Grayscale Bitcoin Cash Trust switches to new BCH pricing index removing extra averaging layer

Grayscale Bitcoin Cash Trust (BCH)

Effective Feb 1, 2022, Trust uses CoinDesk Bitcoin Cash Price Index (BCX) without additional averaging mechanism.
Old Index Price used 24-hr volume-weighted average with extra averaging; new Index Price matches publicly quoted BCX.
From Jan 2019–Dec 2021, average difference between old and new Index Price was 0.15%.
Old Index Price ranged $83.82–$1,646.79; Index Price ranged $76.92–$1,714.45 over March 2018–Dec 2021.
New Index License Agreement with CoinDesk Indices, Inc. executed; prior 2019 agreement terminated.

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