---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-022657"
form_type: "8-K"
ticker: "GXLM"
cik: "0001761325"
company_name: "Grayscale Stellar Lumens Trust (XLM)"
filed_at: "2026-01-26T23:59:59+00:00"
generated_at: "2026-05-16T08:00:16.494073+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Grayscale Stellar Lumens Trust changes index constituents; Binance added, Bitfinex removed

## Summary
- Index Provider added Binance (XLM-USDC) and removed Bitfinex (XLM-USD) effective Jan 20, 2026.
- Constituent platforms for XLM-USD: Bitstamp, Crypto.com, Kraken, OKX; XLM-USDC: Binance, Bybit.
- Change resulted from scheduled monthly review; Binance met inclusion criteria, Bitfinex did not.
- Index is used to calculate Trust's NAV; update may slightly impact pricing methodology.

## SEC filing metadata
- accession: 0001193125-26-022657
- form_type: 8-K
- ticker: GXLM
- cik: 0001761325
- company_name: Grayscale Stellar Lumens Trust (XLM)
- filed_at: 2026-01-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761325/000119312526022657/0001193125-26-022657-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761325/000119312526022657/gxlm-20260120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-022657
- JSON: https://secwatch.observer/filing/0001193125-26-022657.json
- Plain text: https://secwatch.observer/filing/0001193125-26-022657.txt

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