other material
confidence high
sentiment neutral
materiality 0.30
Grayscale CoinDesk Crypto 5 ETF enters new prime broker agreement with Coinbase, new admin agreement with BNY Mellon
Grayscale CoinDesk Crypto 5 ETF
- New Prime Broker Agreement with Coinbase entities effective Oct 3, 2025, replacing prior agreement dated June 25, 2025.
- New Fund Administration and Accounting Agreement with BNY Mellon effective Oct 9, 2025, replacing prior agreement dated Feb 26, 2024.
- Coinbase Custody continues as custodian; BNY continues providing administrative and accounting services.
- Agreements govern custodial, prime broker, and administrative services for the Fund's digital assets.
- Previous prime broker and fund admin agreements were terminated upon effectiveness of the new agreements.