Grayscale CoinDesk Crypto 5 ETF 8-K

What Happened
Grayscale CoinDesk Crypto 5 ETF (GDLC) filed an 8-K on February 4, 2026 reporting that its manager completed the fund’s quarterly portfolio review and rebalanced the holdings in accordance with the CoinDesk 5 Index methodology. On January 30, 2026 CoinDesk Indices, Inc. reconstituted the index to include Bitcoin, Ether, XRP, Solana (SOL), and BNB. In response, the Manager sold Cardano (ADA) and other components proportionally and used the proceeds to purchase BNB. As of February 2, 2026 the fund’s components were: 74.21% Bitcoin, 13.34% Ether, 4.97% BNB, 4.68% XRP, and 2.80% SOL.

Key Details

• Filing: Form 8-K filed Feb 4, 2026 reporting the quarterly rebalance completed Jan 30, 2026.
• Assets changed: BNB added to the Fund; ADA removed.
• Fund weights (as of Feb 2, 2026): BTC 74.21%, ETH 13.34%, BNB 4.97%, XRP 4.68%, SOL 2.80%.
• Per-share exposures listed: 0.0003 BTC, 0.0021 ETH, 0.0023 BNB, 1.0420 XRP, 0.0097 SOL.

Why It Matters
This rebalance alters GDLC’s crypto exposure—investors now have a measurable allocation to BNB and no allocation to ADA—so the fund’s performance and tracking versus the CoinDesk 5 Index will reflect those changes. Because the index is rebalanced quarterly, investors should expect periodic shifts in asset weightings; review GDLC’s prospectus and periodic 10-K/10-Q filings for more detail on methodology, risks, and any impact on NAV or tracking.