secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Stellar Lumens Trust (XLM) (GXLM)
CIK:        0001761325
Form:       8-K
Filed at:   2025-11-21T23:59:59+00:00
Accession:  0001193125-25-291398
Event type: other
Sentiment:  neutral
Materiality: 0.10
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Stellar Lumens Trust (XLM) index removes itBit as constituent trading platform
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- CoinDesk Indices removed itBit (XLM-USD pair) from the XLM CCIXber Reference Rate effective Nov 18, 2025.
- Removal due to itBit failing to meet the Index Provider’s conditions for inclusion; no new platforms added.
- Remaining XLM-USD constituent platforms: Bitfinex, Bitstamp, Crypto.com, Kraken, OKX.
- XLM-USDC constituent platform: Bybit. Index may change in future monthly reviews.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761325/000119312525291398/0001193125-25-291398-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761325/000119312525291398/gxlm-20251118.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-291398

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