other material
confidence high
sentiment neutral
materiality 0.30
Grayscale Ethereum Classic Trust to adopt new CoinDesk benchmark index for NAV from Sept 1, 2026
Grayscale Ethereum Classic Trust (ETC)
- Effective Sept 1, 2026, NAV uses CoinDesk Ethereum Classic Benchmark Extended Rate, replacing Price Index.
- New index methodology includes volume weighting, outlier detection, inactivity adjustments, and manipulation resistance.
- Index provider can adjust methodology without consent; sponsor may use cascading fallback indices if unavailable.
- Change affects only NAV calculation; underlying ETC holdings and operational structure remain unchanged.