Grayscale ETF Enters, Terminates Agreements

Ticker: GDLC · Form: 8-K · Filed: 2025-09-19T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, termination

TL;DR

Grayscale ETF just signed a new deal and ditched another one. Details TBD.

AI Summary

On September 18, 2025, Grayscale CoinDesk Crypto 5 ETF entered into a material definitive agreement and terminated another. The filing does not specify the nature of these agreements or the counterparty involved. The ETF is registered in the Cayman Islands and its principal executive offices are located in Stamford, Connecticut.

Why It Matters

This filing indicates significant changes in the contractual relationships of the Grayscale CoinDesk Crypto 5 ETF, which could impact its operations and investment strategy.

Risk Assessment

Risk Level: medium — The termination and entry into new material definitive agreements suggest potential shifts in the ETF's structure or strategy, the implications of which are not yet fully disclosed.

Key Players & Entities

FAQ

What was the nature of the material definitive agreement entered into by Grayscale CoinDesk Crypto 5 ETF?

The filing states that Grayscale CoinDesk Crypto 5 ETF entered into a material definitive agreement on September 18, 2025, but does not provide specific details about its nature.

What was the material definitive agreement that was terminated by Grayscale CoinDesk Crypto 5 ETF?

The filing indicates that Grayscale CoinDesk Crypto 5 ETF terminated a material definitive agreement on September 18, 2025, but does not specify which agreement it was.

What is the Commission File Number for Grayscale CoinDesk Crypto 5 ETF?

The Commission File Number for Grayscale CoinDesk Crypto 5 ETF is 001-42855.

Where are the principal executive offices of Grayscale CoinDesk Crypto 5 ETF located?

The principal executive offices of Grayscale CoinDesk Crypto 5 ETF are located at 290 Harbor Drive, 4th Floor, Stamford, Connecticut 06902.

What is the IRS Employer Identification No. for Grayscale CoinDesk Crypto 5 ETF?

The IRS Employer Identification No. for Grayscale CoinDesk Crypto 5 ETF is 98-1406784.

From the Filing

0001193125-25-209074.txt : 20250919 0001193125-25-209074.hdr.sgml : 20250919 20250919160914 ACCESSION NUMBER: 0001193125-25-209074 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250918 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250919 DATE AS OF CHANGE: 20250919 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grayscale CoinDesk Crypto 5 ETF CENTRAL INDEX KEY: 0001729997 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets EIN: 981406784 STATE OF INCORPORATION: E9 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-42855 FILM NUMBER: 251326929 BUSINESS ADDRESS: STREET 1: 290 HARBOR DRIVE STREET 2: 4TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 212-668-1427 MAIL ADDRESS: STREET 1: 290 HARBOR DRIVE STREET 2: 4TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 FORMER COMPANY: FORMER CONFORMED NAME: Grayscale Digital Large Cap Fund LLC DATE OF NAME CHANGE: 20180131 8-K 1 gdlc-20250918.htm 8-K 8-K false 0001729997 0001729997 2025-09-18 2025-09-18   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): September 18, 2025     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   Grayscale Digital Large Cap Fund LLC (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. ☐   Capitalized terms used and not defined herein have the meanings ascribed to them in the Prospectus dated September 18, 2025 (File No. 333-286293), filed on September 19, 2025 with the Securities and Exchange Commission pursuant to Rule 424(b)(3) under the Securities Act of 1933, as amended (the “Prospectus”). Item 1.01 Entry into A Material Definitive Agreement. Authorized Participant Agreements Grayscale Investments Sponsors, LLC, as manager (the &#

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