---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-028533"
form_type: "8-K"
ticker: "BCHG"
cik: "0001732409"
company_name: "Grayscale Bitcoin Cash Trust (BCH)"
filed_at: "2022-02-04T23:59:59+00:00"
generated_at: "2026-06-27T11:09:37.383428+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-22-028533
- form_type: 8-K
- ticker: BCHG
- cik: 0001732409
- company_name: Grayscale Bitcoin Cash Trust (BCH)
- filed_at: 2022-02-04T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1732409/000119312522028533/0001193125-22-028533-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1732409/000119312522028533/d268021d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-028533
- JSON: https://secwatch.observer/filing/0001193125-22-028533.json
- Plain text: https://secwatch.observer/filing/0001193125-22-028533.txt

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