Every 8-K that Grayscale CoinDesk Crypto 5 ETF (GDLC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow GDLC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GDLC filings page.
Grayscale CoinDesk Crypto 5 ETF reports that on July 31, 2026, its manager, Grayscale Investments Sponsors, LLC, completed the quarterly portfolio review and began rebalancing in line with the CoinDesk 5 Index Methodology. CoinDesk Indices, Inc. rebalanced the Index and confirmed that Bitcoin, Ether, XRP, Solana and BNB continued to meet inclusion criteria, so no new tokens were added or removed from the Fund.
As of August 3, 2026, the Fund’s portfolio consisted of 75.54% Bitcoin, 13.30% Ether, 4.64% BNB, 3.98% XRP and 2.54% SOL. Each Share represented 0.0003 Bitcoin, 0.0021 Ether, 0.0023 BNB, 1.0633 XRP and 0.0099 SOL.
Grayscale CoinDesk Crypto 5 ETF reported a leadership change in its finance function. Effective July 2, 2026, Kathryn Masci and Daniel Plourde, both Senior Vice Presidents of Finance, have been appointed interim Co‑Chief Financial Officers of Grayscale Investments Sponsors, LLC, the ETF’s manager. Masci also becomes Principal Financial and Accounting Officer of the fund and joins the manager’s Board of Managers. They succeed Edward McGee, who is stepping down as Chief Financial Officer, Principal Financial and Accounting Officer, and Board member for personal reasons, with the company stating there is no disagreement regarding operations, policies, or practices.
Grayscale CoinDesk Crypto 5 ETF reports an update to how it calculates benchmark prices for its digital asset holdings. On May 19, 2026, CoinDesk Indices, Inc., the index provider, added several new trading venues to the data sources used for the fund’s Index Prices.
The fund values each crypto asset it holds using a U.S. dollar Index Price derived from trading data on selected exchanges at 4:00 p.m. New York time each business day. New platforms OSL, Bybit, and Gemini were added for certain Bitcoin, Ether, Solana, and BNB U.S. dollar trading pairs, and no existing platforms were removed as part of this scheduled monthly review.
The index provider may change the trading venues or calculation methodology in future reviews, based on criteria described in the fund’s annual report, which can affect how reference prices for the underlying digital assets are determined.
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.
Grayscale CoinDesk Crypto 5 ETF filed an update explaining changes to the trading platforms used by its index provider, CoinDesk Indices, to calculate the Index Prices for the fund’s digital asset components.
Effective March 17, 2026, Binance was added as a Constituent Trading Platform for Ether-USD, SOL-USD, and BNB-USD trading pairs. No existing platforms were removed in this scheduled monthly review. The Index Price for each component is based on CoinDesk Benchmark Rates, calculated at 4:00 p.m. New York time on business days. The index provider can adjust constituent trading venues or other aspects of Index Price calculation over time, subject to its stated criteria and periodic reviews.
Grayscale CoinDesk Crypto 5 ETF reported an operational update to how its index values digital assets. On February 17, 2026, CoinDesk Indices, Inc., the Fund’s index provider, adjusted the list of digital asset trading platforms used to calculate the Index Price for several Fund components.
The update added Bitstamp as a Constituent Trading Platform for the BNB‑USD trading pair and did not remove any existing platforms in this scheduled monthly review. The Index Price for each component continues to be calculated in U.S. dollars at 4:00 p.m. New York time using data from designated trading venues.
Grayscale CoinDesk Crypto 5 ETF reported a scheduled quarterly rebalance of its portfolio under the CoinDesk 5 Index Methodology. The fund removed Cardano (ADA) and added BNB after the index provider determined that Bitcoin, Ether, XRP, Solana and BNB met the index’s inclusion criteria.
As of February 2, 2026, the fund’s portfolio was allocated 74.21% to Bitcoin, 13.34% to Ether, 4.97% to BNB, 4.68% to XRP and 2.80% to Solana. Each share represented 0.0003 Bitcoin, 0.0021 Ether, 0.0023 BNB, 1.0420 XRP and 0.0097 SOL.
Grayscale CoinDesk Crypto 5 ETF filed an update explaining changes to the trading platforms used to calculate its index prices. The fund values its Bitcoin, Ether, XRP, SOL, and ADA components using a U.S. dollar Index Price derived from CoinDesk Benchmark Rates, based on trading pairs across selected digital asset platforms at 4:00 p.m. New York time on each business day.
Effective January 20, 2026, the index provider added Binance, Gate, and HashKey as Constituent Trading Platforms for various USD and USDC trading pairs and removed Bitfinex trading pairs after a scheduled monthly review of inclusion criteria. The index provider notes it may change the venues or calculation methodology in future reviews as conditions change.
Grayscale CoinDesk Crypto 5 ETF filed an update explaining how it uses cashtags and third-party content on X (formerly Twitter). The manager, Grayscale Investments Sponsors, LLC, notes that when its posts include a ticker with a “$” sign, X automatically links to pages that aggregate market data, news, and commentary from outside sources. Grayscale stresses it does not control, endorse, or verify any of this third-party information, which may be inaccurate or inconsistent with its official disclosures. The ETF tells investors that authoritative, up-to-date details about Grayscale products should come from their filings with the U.S. Securities and Exchange Commission, rather than from social media cashtag pages.
Grayscale CoinDesk Crypto 5 ETF (GDLC) reported an index methodology change affecting how it values its crypto holdings. On November 18, 2025, CoinDesk Indices, Inc., the index provider, removed itBit as a Constituent Trading Platform for the Bitcoin-USD, Ether-USD, and SOL-USD trading pairs because the platform no longer met the index provider’s inclusion conditions.
The Fund’s Index Price for each component (Bitcoin, Ether, XRP, SOL, and ADA) continues to be calculated in U.S. dollars at 4:00 p.m. New York time using prices from multiple exchanges, including Bitfinex, Bitstamp, Bullish, Crypto.com, Gemini, Kraken, LMAX Digital, OKX, and certain USDC pairs. The index provider may add or remove trading venues in scheduled monthly reviews or at other times based on its criteria.
Grayscale CoinDesk Crypto 5 ETF (GDLC) reported it completed its quarterly portfolio rebalance under the CoinDesk 5 Index Methodology. On October 31, 2025, the index was rebalanced, and the fund adjusted holdings to match the new weights.
As of November 3, 2025, the fund’s components were 75.75% Bitcoin, 15.42% Ether, 4.90% XRP, 3.22% Solana, and 0.71% Cardano. Each share represented 0.0004 Bitcoin, 0.0022 Ether, 1.0833 XRP, 0.0099 Solana, and 0.6593 Cardano. The CoinDesk 5 Index rebalances quarterly during the period beginning 30 days before the last business day of January, April, July, and October.
Grayscale CoinDesk Crypto 5 ETF reported an index methodology update. On October 21, 2025, CoinDesk Indices added Bitstamp as a Constituent Trading Platform for the SOL‑USDC and XRP‑USDC trading pairs used to calculate the Fund’s Index Prices.
The Fund values each component at the Index Price, derived from designated trading venues via the CoinDesk CCIXber Reference Rate at 4:00 p.m. New York time on business days. The Index Provider conducts scheduled monthly reviews and may add or remove venues that meet its inclusion criteria.
Grayscale CoinDesk Crypto 5 ETF (GDLC) reported an internal reorganization of its manager’s corporate structure. On October 22, 2025, Grayscale Investments, Inc. became the sole managing member of Grayscale Operating, LLC, which is the sole member of Grayscale Investments Sponsors, LLC, the Fund’s Manager.
DCG Grayscale Holdco, LLC elected a board at Grayscale Investments comprised of Barry Silbert (Chairperson), Mark Shifke, Simon Koster, Peter Mintzberg, and Edward McGee, the same individuals who served on the prior board. The Fund stated it does not expect any material impact on operations from this change.
Grayscale CoinDesk Crypto 5 ETF disclosed a leadership change at its sponsor’s governance level. On October 13, 2025, Matthew Kummell stepped down from the Board of GSO Intermediate Holdings Corporation (the sole managing member of Grayscale Operating, LLC and sole member of Grayscale Investments Sponsors, LLC), and Simon Koster was appointed to the Board.
Koster is Chief Strategy Officer at Digital Currency Group, where he leads investments across digital assets, subsidiaries, and a portfolio of more than 250 companies in over 35 nations. He also serves on the boards of Foundry and Luno (since 2023), Fortitude (since 2024), and Yuma (since 2025), each affiliated with Grayscale.
Grayscale CoinDesk Crypto 5 ETF entered new core operating agreements for custody, prime brokerage, and fund administration. On October 3, 2025, the Manager and the Fund signed a new Coinbase Prime Broker Agreement covering custodial and prime broker services for the Fund’s digital assets.
On October 9, 2025, the Manager engaged BNY Mellon Asset Servicing under a new Fund Administration and Accounting Agreement for administrative and accounting services. In connection with these updates, the prior Coinbase prime broker agreement and the prior BNY administration and accounting agreement were terminated as of the same respective dates.
Grayscale CoinDesk Crypto 5 ETF filed an update describing a technical change to how it values one of its crypto holdings. The fund relies on an Index Price for each Fund Component, calculated in U.S. dollars from trading data on selected digital asset trading platforms at 4:00 p.m. New York time each business day.
Effective September 16, 2025, the Index Provider, CoinDesk Indices, Inc., added the OKX ADA-USD trading pair as a Constituent Trading Platform for ADA. This means ADA’s Index Price now reflects trading activity from Bitfinex, Bitstamp, Crypto.com, Kraken, and OKX for ADA-USD pairs, while ADA-USDC pairs remain based on Bybit, Kraken, and OKX. The filing also notes that the Index Provider can change venues or the calculation methodology over time, including during scheduled quarterly reviews.
Grayscale CoinDesk Crypto 5 ETF reports several structural changes as its Shares begin trading on NYSE Arca under the ticker GDLC. The fund entered into new Authorized Participant agreements with Jane Street Capital, Macquarie Capital (USA), and Virtu Americas, allowing them to create and redeem Baskets of 10,000 Shares through cash-only orders, while in-kind creations and redemptions remain unavailable pending potential exchange rule changes and related regulatory approvals.
The ETF’s manager approved a redemption program and updated the creation and redemption mechanics, including detailed cash-order processes that use third-party Liquidity Providers. The fund also adopted a Third Amended and Restated LLC Agreement and appointed BNY Mellon as transfer agent, replacing Continental as primary transfer agent, though Continental will remain co-transfer agent as of the uplisting date.
The filing further formalizes a policy, in place since 2019 and now extended, under which the fund irrevocably abandons any forked digital assets and related airdrops, so future Share value will not reflect such Forked Assets. The fund also updates its U.S. federal income tax disclosure for U.S. holders and adds new defined terms governing cash creation and redemption mechanics.
Grayscale Digital Large Cap Fund LLC reported two planned changes related to its shares. The manager announced that the Fund’s shares are anticipated to begin trading on NYSE Arca on or about September 19, 2025 under the symbol “GDLC”, subject to required regulatory approvals and with no assurance the listing will occur on this timeline or at all.
The manager also announced an intention to change the Fund’s name to Grayscale CoinDesk Crypto 5 ETF, effective on or about September 18, 2025, also subject to regulatory approvals. Existing stock certificates remain valid and do not need to be exchanged in connection with the name change.