Welcome to our dedicated page for Grayscale CoinDesk Crypto 5 ETF SEC filings (Ticker: GDLC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Grayscale CoinDesk Crypto 5 ETF (GDLC) SEC filings page on Stock Titan provides direct access to the fund’s regulatory disclosures, including Forms 10-K, 10-Q and 8-K. These documents describe the fund’s structure as a Cayman Islands-organized fund, its former name Grayscale Digital Large Cap Fund LLC, and its listing on NYSE Arca under the ticker symbol GDLC.
Annual and quarterly reports (Forms 10-K and 10-Q) contain detailed discussions of the fund’s business, including the CoinDesk 5 Index Methodology, the definition and calculation of the Index Price, and the role of CoinDesk Indices, Inc. as Index Provider. They also describe the digital asset industry and market context for the Index Prices, as referenced in multiple 8-K filings.
Current reports on Form 8-K highlight material events such as quarterly portfolio rebalancing, changes to the Digital Asset Trading Platforms used to calculate Index Prices for Bitcoin, Ether, XRP, Solana (SOL) and Cardano (ADA), and the commencement of a redemption program. Other 8-Ks disclose key agreements, including the Coinbase Prime Broker Agreement governing custodial and prime brokerage services, the Fund Administration and Accounting Agreement with BNY Mellon Asset Servicing, and the Transfer Agency and Service Agreement with The Bank of New York Mellon.
Filings also document the fund’s creation and redemption procedures, including the use of Baskets of 10,000 shares, Cash Orders with Authorized Participants, and the role of Liquidity Providers. Additional disclosures cover the fund’s policy on Forked Assets via Pre-Creation/Redemption Abandonment Notices, and an internal corporate reorganization that resulted in Grayscale Investments, Inc. becoming the sole managing member of the entity that owns the Manager.
On Stock Titan, users can review these filings alongside AI-powered summaries that explain the key points of each document in accessible language. The platform highlights important items such as index methodology changes, service provider agreements, listing and uplisting information, and updates to the fund’s operational and governance arrangements, helping investors understand what GDLC reports in its SEC documents without reading every page in detail.
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 CoinDesk Crypto 5 ETF (GDLC) is described in this amended S-3 shelf registration as a Cayman Islands limited liability fund holding digital assets whose Shares will be listed on NYSE Arca under the ticker GDLC. The prospectus emphasizes that Shares relate directly to the value of the fund's digital assets and are subject to extreme price volatility, forks/clones, limited trading history for index/reference rates, market-wide liquidity disruptions, and evolving regulatory treatment that could materially affect Share value.
The filing explains operational mechanics for creations and redemptions through Authorized Participants, the role of Liquidity Providers, the Transfer Agent (Bank of New York Mellon) and Custodian (Coinbase Custody), and the planned arbitrage mechanism intended to align market price and NAV. It also notes the fund cannot currently effect in-kind creations/redemptions absent regulatory approval, may be unable to participate in staking, and relies on third-party service providers, creating key operational and counterparty risks.
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.
Grayscale Digital Large Cap Fund LLC (GDLC) discloses that its Shares closely track the value of the digital assets held by the Fund but face substantial risks. The prospectus lists extreme price volatility in digital asset markets, potential regulatory classification of Fund components as securities by the SEC, and possible extraordinary expenses or termination if regulatory actions occur. The Fund intends to list Shares on NYSE Arca under the ticker GDLC, issue Shares on an ongoing basis, and rely on an exemption under Regulation M to support a redemption program. Creation and redemption mechanics use Authorized Participants, Liquidity Providers, a Cash Account and a Basket of 10,000 Shares to align market price and NAV through arbitrage. The filing also highlights operational dependencies on third-party service providers (Custodian: Coinbase Custody; Transfer Agent: BNY Mellon), limitations on in-kind creations pending regulatory approval, and material thresholds for future reporting status, including a $1.235 billion annual revenue test.