25 unchanged sentences
Effective April 3, 2024, the Manager adjusted the Fund’s portfolio by removing and selling Cardano (ADA) from the Fund’s portfolio and using the cash proceeds to purchase the existing Fund Components in proportion to their respective weightings in accordance with the DLCS Methodology.
+Added: Effective January 4, 2025, the Manager adjusted the Fund’s portfolio by removing and selling Avalanche (AVAX) from the Fund’s portfolio and using the cash proceeds to purchase Cardano (ADA) and the existing Fund Components in proportion to their respective weightings in accordance with the DLCS Methodology.
+Added: Effective June 5, 2025, the Manager adopted the CD5 Methodology.
Business—Investment Objective” and “Item 15.
7 unchanged sentences
GDLC) by Digital Currency Group, Inc.
−Removed: (“DCG”), the parent company of the Manager, on a monthly basis during the three months ended June 30, 2024:
+Added: (“DCG”), the indirect parent company of the Manager, on a monthly basis during the three months ended June 30, 2025:
(a) Total Number of Shares of GDLC Purchased
6 unchanged sentences
June 1, 2025 - June 30, 2025
−Removed: (1) On March 2, 2022, the Board approved the purchase by DCG, the parent company of the Manager, of up to an aggregate total of $200 million worth of Shares of the Fund and shares of any of the following five investment products the Manager also acts as the sponsor and manager of, including Grayscale Bitcoin Trust (BTC) (NYSE Arca:
+Added: (1) On March 2, 2022, the Board approved the purchase by DCG, the indirect parent company of the Manager, of up to an aggregate total of $200 million worth of Shares of the Fund and shares of any of the following five investment products the Manager also acts as the sponsor and manager of, including Grayscale Bitcoin Trust ETF (NYSE Arca:
GBTC), Grayscale Bitcoin Cash Trust (BCH) (OTCQX:
−Removed: BCHG), Grayscale Ethereum Trust (ETH) (NYSE Arca:
+Added: BCHG), Grayscale Ethereum Trust ETF (NYSE Arca:
ETHE), Grayscale Ethereum Classic Trust (ETC) (OTCQX:
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.