secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Stellar Lumens Trust (XLM) (GXLM)
CIK:        0001761325
Form:       8-K
Filed at:   2026-01-26T23:59:59+00:00
Accession:  0001193125-26-022657
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761325/000119312526022657/0001193125-26-022657-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761325/000119312526022657/gxlm-20260120.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-022657

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