secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Bitcoin Cash Trust (BCH) (BCHG)
CIK:        0001732409
Form:       8-K
Filed at:   2022-02-04T23:59:59+00:00
Accession:  0001193125-22-028533
Event type: other
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 1.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1732409/000119312522028533/0001193125-22-028533-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1732409/000119312522028533/d268021d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-028533

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer