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New trading platforms added to Grayscale Bitcoin Cash Trust (BCHG) index

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Grayscale Bitcoin Cash Trust (BCH) reported a change to the trading venues used in the CoinDesk Bitcoin Cash Benchmark Rate that underpins its index price. Effective January 20, 2026, CoinDesk Indices added Binance and Gate, both using BCH–U.S. Dollar Coin (USDC) trading pairs, after those venues met its inclusion conditions, and removed Bitfinex’s BCH–U.S. Dollar (USD) trading pair after it failed to meet those conditions in a scheduled monthly review.

As of that date, the index price is based on BCH–USD trading pairs from Bitstamp by Robinhood, Crypto.com, Gemini, Kraken, LMAX Digital and OKX, and BCH–USDC trading pairs from Binance, Bullish, Bybit, Gate and Kraken. CoinDesk Indices may further change constituent trading platforms or the index calculation in future monthly reviews.

Positive

  • None.

Negative

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Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 20, 2026

 

 

Grayscale Bitcoin Cash Trust (BCH)

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

000-56308

82-6867376

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

c/o Grayscale Investments Sponsors, LLC

290 Harbor Drive, 4th Floor

 

Stamford, Connecticut

 

06902

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 212 668-1427

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(g) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Grayscale Bitcoin Cash Trust (BCH) Shares

 

BCHG

 

N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 


Item 8.01. Other Events.

 

On January 20, 2026, CoinDesk Indices, Inc. (the “Index Provider”) announced a change to the Digital Asset Trading Platforms used to calculate the Index Price (the “Constituent Trading Platforms”) for Grayscale Bitcoin Cash Trust (BCH) (the “Trust”).

Effective January 20, 2026, the Index Provider added Binance (BCH-U.S. Dollar Coin (“USDC”) trading pair) and Gate (BCH-USDC trading pair) to the CoinDesk Bitcoin Cash Benchmark Rate (formerly known as the CoinDesk BCH CCIXber Reference Rate) (the “Index”) due to the trading platforms meeting the Index Provider’s conditions for inclusion, and removed Bitfinex (BCH-U.S. Dollar (“USD”) trading pair) due to the trading platform failing to meet the Index Provider’s conditions for inclusion as part of its scheduled monthly review. As of the date of this current report, the Constituent Trading Platforms included in the Index Price are as follows:

BCH-USD Trading Pairs: Bitstamp by Robinhood, Crypto.com, Gemini, Kraken, LMAX Digital, and OKX.
BCH-U.S. Dollar Coin (“USDC”) Trading Pairs: Binance, Bullish, Bybit, Gate and Kraken.

The Index Provider may change the trading venues that are used to calculate an Index Price, or otherwise change the way in which an Index Price is calculated, at any time. For example, the Index Provider has scheduled monthly reviews, in which it may add or remove Constituent Trading Platforms that satisfy or fail the criteria described in “Item 1. Business—Overview of the BCH Industry and Market—The Index and the Index Price” in the Trust’s Annual Report on Form 10-K for the year ended June 30, 2025, as filed with the Securities and Exchange Commission on September 5, 2025.

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

Grayscale Investments Sponsors, LLC, as Sponsor of Grayscale Bitcoin Cash Trust (BCH)

 

 

 

 

Date:

January 26, 2026

By:

/s/ Edward McGee

 

 

 

Name: Edward McGee
Title: Chief Financial Officer
 (Principal Financial and Accounting Officer)*

 

* The Registrant is a trust and the identified person signing this report is signing in their capacity as an authorized officer of Grayscale Investments Sponsors, LLC, the Sponsor of the Registrant.


FAQ

What change did Grayscale Bitcoin Cash Trust (BCHG) disclose in this 8-K?

The Trust disclosed that CoinDesk Indices updated the trading platforms used to calculate the CoinDesk Bitcoin Cash Benchmark Rate, which is used for the Trust’s index price.

Which new trading platforms were added to the Grayscale Bitcoin Cash Trust (BCHG) index price calculation?

Binance and Gate were added, both using BCH–U.S. Dollar Coin (USDC) trading pairs, after meeting CoinDesk Indices’ conditions for inclusion.

Which trading platform was removed from the Grayscale Bitcoin Cash Trust (BCHG) index inputs?

Bitfinex’s BCH–U.S. Dollar (USD) trading pair was removed because it failed to meet CoinDesk Indices’ conditions for inclusion during a scheduled monthly review.

Which BCH-USD trading platforms are currently included in the index for Grayscale Bitcoin Cash Trust (BCHG)?

The BCH–USD trading pairs currently included are from Bitstamp by Robinhood, Crypto.com, Gemini, Kraken, LMAX Digital and OKX.

Which BCH-USDC trading platforms are currently used in the index for Grayscale Bitcoin Cash Trust (BCHG)?

The BCH–USDC trading pairs currently included are from Binance, Bullish, Bybit, Gate and Kraken.

Can the index methodology for Grayscale Bitcoin Cash Trust (BCHG) change again?

Yes. CoinDesk Indices may change the trading venues used or the way the index price is calculated, including through its scheduled monthly reviews.