How much cryptocurrency does each GDLC share represent after May 1, 2026?

Each GDLC share represented 0.0003 Bitcoin, 0.0021 Ether, 1.0505 XRP, 0.0023 BNB and 0.0098 SOL. These per-share token amounts reflect the updated composition after the fund’s quarterly index-based rebalance.

Grayscale Crypto 5 ETF (NYSE: GDLC) posts new coin weights after rebalance

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Grayscale CoinDesk Crypto 5 ETF reported its regular quarterly portfolio rebalance tied to the CoinDesk 5 Index. On April 30, 2026, the index review confirmed that Bitcoin, Ether, XRP, Solana and BNB all continued to meet the inclusion criteria.

Following the May 1, 2026 rebalance, the ETF held 75.99% Bitcoin, 13.47% Ether, 4.16% XRP, 4.04% BNB and 2.34% Solana by portfolio weight. Each share corresponded to 0.0003 Bitcoin, 0.0021 Ether, 1.0505 XRP, 0.0023 BNB and 0.0098 SOL, with no new tokens added or removed.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Key Figures

Bitcoin weight: 75.99% Ether weight: 13.47% XRP weight: 4.16% +5 more

8 metrics

Bitcoin weight 75.99% Portfolio share as of May 1, 2026

Ether weight 13.47% Portfolio share as of May 1, 2026

XRP weight 4.16% Portfolio share as of May 1, 2026

BNB weight 4.04% Portfolio share as of May 1, 2026

SOL weight 2.34% Portfolio share as of May 1, 2026

Bitcoin per share 0.0003 Bitcoin Per GDLC share after rebalance as of May 1, 2026

Ether per share 0.0021 Ether Per GDLC share after rebalance as of May 1, 2026

XRP per share 1.0505 XRP Per GDLC share after rebalance as of May 1, 2026

Key Terms

CoinDesk 5 Index Methodology, Fund Components, Index Components, Index Provider, +1 more

5 terms

CoinDesk 5 Index Methodology financial

"initiated the process of rebalancing the Fund in accordance with the CoinDesk 5 Index Methodology"

Fund Components financial

"the digital assets held by the Fund (the “Fund Components”) consist of the digital assets"

Index Components financial

"the digital assets (the “Index Components”) included in the CoinDesk 5 Index"

Index Provider financial

"CoinDesk Indices, Inc. (the “Index Provider”) completed the quarterly rebalancing"

An index provider is an organization that creates and maintains a list (index) of selected stocks, bonds or other assets and the rules that decide which ones are included and how they’re weighted. Investors use these indexes like maps: they guide passive funds, performance comparisons, and trading decisions, so the provider’s choices can shape which securities get more flows, visibility, and price impact in the market.

emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Understanding 8-K Material Events →

05/06/2026 - 06:40 PM

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): April 30, 2026

    

Grayscale CoinDesk Crypto 5 ETF

(Exact name of Registrant as Specified in Its Charter)


Cayman Islands	001-42855	98-1406784
(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(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Grayscale CoinDesk Crypto 5 ETF Shares	GDLC	NYSE Arca, Inc.

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 April 30, 2026, Grayscale Investments Sponsors, LLC, the manager (the “Manager”) of Grayscale CoinDesk Crypto 5 ETF (the “Fund”), completed its quarterly review of the Fund’s portfolio and initiated the process of rebalancing the Fund in accordance with the CoinDesk 5 Index Methodology (the “CD5 Methodology”), as described in the Fund’s Annual report on Form 10-K, filed with the Securities and Exchange Commission on September 5, 2025 (the “Annual Report”). In accordance with the CD5 Methodology, the digital assets held by the Fund (the “Fund Components”) consist of the digital assets (the “Index Components”) included in the CoinDesk 5 Index (the “Index”), subject to the Manager’s discretion to exclude individual digital assets in certain cases, as further described in the Annual Report. The Index is rebalanced quarterly, during a period beginning 30 days before the last business day of each January, April, July and October. On April 30, 2026, CoinDesk Indices, Inc. (the “Index Provider”) completed the quarterly rebalancing of the Index and determined that Bitcoin, Ethereum (“Ether”), XRP, Solana (“SOL”), and BNB met the inclusion criteria of the CoinDesk 5 Index. Accordingly, the Manager adjusted the Fund’s portfolio by purchasing and selling certain existing Fund Components in proportion to their respective weightings. As a result of the rebalancing, no new tokens were added to or removed from the Fund. As of May 1, 2026, following the rebalancing, the Fund Components consisted of 75.99% Bitcoin, 13.47% Ether, 4.16% XRP, 4.04% BNB, and 2.34% SOL, and each of the Fund’s Shares represented 0.0003 Bitcoin, 0.0021 Ether, 1.0505 XRP, 0.0023 BNB, and 0.0098 SOL. Additional information regarding the Fund’s quarterly rebalancing is available in the Fund’s periodic reports filed with the Securities and Exchange Commission on Forms 10-K and 10-Q.

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 Manager of Grayscale CoinDesk Crypto 5 ETF

Date:	May 6, 2026	By:	/s/ Edward McGee
			Edward McGee* Chief Financial Officer (Principal Financial and Accounting Officer)


*	The Registrant is a fund and Mr. McGee is signing in his capacity as Principal Financial and Accounting Officer of Grayscale Investments Sponsors, LLC, the Manager of the Registrant.

Source: View Original Filing on SEC EDGAR

FAQ

What did Grayscale CoinDesk Crypto 5 ETF (GDLC) announce in this 8-K?

Grayscale CoinDesk Crypto 5 ETF reported its routine quarterly portfolio rebalance tied to the CoinDesk 5 Index. The fund kept the same five digital assets and updated their weights and per-share token amounts as of early May 2026.

Which cryptocurrencies are currently in the Grayscale CoinDesk Crypto 5 ETF (GDLC)?

After the April 30, 2026 rebalance, the ETF continued to hold Bitcoin, Ethereum (Ether), XRP, Solana (SOL), and BNB. These assets all met the CoinDesk 5 Index inclusion criteria and remained the fund’s components following the quarterly review.

What are the new portfolio weights for GDLC’s holdings after the rebalance?

As of May 1, 2026, the ETF’s portfolio was 75.99% Bitcoin, 13.47% Ether, 4.16% XRP, 4.04% BNB and 2.34% SOL. These percentages reflect the latest quarterly rebalance aligned with the CoinDesk 5 Index Methodology.

Did Grayscale CoinDesk Crypto 5 ETF (GDLC) add or remove any tokens in this rebalance?

No tokens were added to or removed from the ETF during the April 30, 2026 rebalance. The fund continued to hold Bitcoin, Ether, XRP, Solana and BNB, with only their portfolio weights and per-share amounts adjusted.

How often is the Grayscale CoinDesk Crypto 5 ETF (GDLC) portfolio rebalanced?

The ETF is rebalanced quarterly, in line with the CoinDesk 5 Index. The index’s rebalance period begins 30 days before the last business day of January, April, July and October, guiding corresponding adjustments in the fund’s portfolio.

Filing Exhibits & Attachments

1 document