other material
confidence high
sentiment neutral
materiality 0.20
Grayscale GDLC Index Provider removes itBit from Bitcoin, Ether, SOL pricing
Grayscale CoinDesk Crypto 5 ETF
- CoinDesk Indices removed itBit as a constituent trading platform for BTC-USD, ETH-USD, and SOL-USD pairs effective Nov 18, 2025.
- itBit failed to meet the Index Provider's conditions for inclusion in the Bitcoin, Ether, and SOL Index Prices.
- The change affects the calculation of Index Price used to value Fund Components for the Grayscale CoinDesk Crypto 5 ETF (GDLC).
- No changes were made to XRP or ADA constituent trading platforms.