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Get filing alertsGrayscale Crypto ETF adds three exchanges to pricing methodology in routine review
Filed May 22, 2026 · Period ending May 19, 2026 · ~1 min read
Key Changes
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Index provider added OSL, Bybit, and Gemini as pricing sources for Bitcoin, Ether, Solana, and BNB holdings effective May 19. No platforms were removed in the monthly review.
Item 8.01 verify on EDGAR → -
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ETF values crypto holdings daily at 4:00 p.m. New York time using benchmark rates calculated from multiple trading platforms, which determines the fund's net asset value.
Item 8.01 verify on EDGAR → -
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Index provider conducts monthly reviews and may add or remove pricing platforms at any time based on established criteria, meaning pricing sources can change regularly.
Item 8.01 verify on EDGAR →
Summary
Grayscale filed a routine operational update disclosing changes to how its crypto ETF calculates daily prices for its holdings. The fund's index provider added three cryptocurrency exchanges—OSL, Bybit, and Gemini—to the mix of platforms used to determine benchmark prices for Bitcoin, Ether, Solana, and BNB.
This expansion occurred during a scheduled monthly review where platforms are evaluated against inclusion criteria. No exchanges were removed. For retail investors, this is primarily a procedural matter with minimal immediate impact. The addition of more pricing sources could theoretically improve price accuracy by incorporating data from additional liquidity venues.
However, the filing also highlights that the index provider can modify these pricing sources at any time during monthly reviews, introducing a degree of ongoing operational variability. Investors should monitor whether future platform additions or removals correlate with any unusual tracking differences between the ETF's price and its net asset value, particularly during periods of crypto market stress when exchange prices may diverge significantly.
Section-by-Section Diff
Event · Item 8.01 — Other Events
Item 8.01 — Other Events filed; see Key Changes for terms.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
Effective May 19, 2026, the Index Provider added OSL (BTC-USD, ETH-USD, and SOL-USD trading pairs), Bybit (BTC-USD and ETH-USD trading pairs), and Gemini (BNB-USD trading pair) as Constituent Trading Platforms used to calculate the Index Prices for Bitcoin, Ether, SOL, and BNB due to the trading platforms meeting the Index Provider’s conditions for inclusion, and did not remove any Constituent Trading Platforms as part of its scheduled monthly review.
The fund's index provider expanded the set of crypto exchanges used to calculate daily prices for the fund's holdings. OSL was added for Bitcoin, Ether, and Solana USD pairs; Bybit for Bitcoin and Ether USD pairs; and Gemini for BNB USD pairs. No platforms were removed. This is part of a routine monthly review process where platforms are evaluated against inclusion criteria.
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Figures/quotes linked to EDGAR · Narrative written by AI · May 25, 2026 · How we verify