secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale CoinDesk Crypto 5 ETF (GDLC)
CIK:        0001729997
Form:       8-K
Filed at:   2025-10-09T23:59:59+00:00
Accession:  0001193125-25-236063
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1729997/000119312525236063/0001193125-25-236063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1729997/000119312525236063/gdlc-20251003.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-236063

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