---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-236063"
form_type: "8-K"
ticker: "GDLC"
cik: "0001729997"
company_name: "Grayscale CoinDesk Crypto 5 ETF"
filed_at: "2025-10-09T23:59:59+00:00"
generated_at: "2026-05-17T04:12:20.567563+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Grayscale CoinDesk Crypto 5 ETF enters new prime broker agreement with Coinbase, new admin agreement with BNY Mellon

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-236063
- form_type: 8-K
- ticker: GDLC
- cik: 0001729997
- company_name: Grayscale CoinDesk Crypto 5 ETF
- filed_at: 2025-10-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1729997/000119312525236063/0001193125-25-236063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1729997/000119312525236063/gdlc-20251003.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-236063
- JSON: https://secwatch.observer/filing/0001193125-25-236063.json
- Plain text: https://secwatch.observer/filing/0001193125-25-236063.txt

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