Grayscale CoinDesk Crypto 5 ETF Updates Index Calculation Methodology

Grayscale CoinDesk Crypto 5 ETF has made significant changes to its index calculation methodology in an effort to adapt to evolving market conditions. As part of its scheduled monthly review, the fund's index provider, CoinDesk Indices, Inc., added Binance as a constituent trading platform for certain digital assets.

The inclusion of Binance affects the price calculation for Bitcoin (BTC), Ether (ETH), XRP, SOL, and BNB trading pairs. Prior to this update, the platforms used for these assets included Bitfinex, Bitstamp, Bullish, Crypto.com, Gemini, Kraken, LMAX Digital, OKX, and others.

The index provider conducts regular reviews of its methodology to ensure that it remains aligned with market conditions. This change is effective immediately, reflecting the addition of Binance as a new trading platform for the specified assets.