tiprankstipranks
Advertisement
Advertisement

Grayscale ETF Expands Index Pricing to Include Binance

Story Highlights
  • On March 17, 2026, CoinDesk Indices added Binance to index pricing for ether, solana and BNB, expanding venues used for the Grayscale CoinDesk Crypto 5 ETF.
  • The ETF’s benchmark rates now rely on a broader mix of exchanges for major crypto pairs, and CoinDesk Indices signaled ongoing flexibility to alter these trading platforms over time.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Grayscale ETF Expands Index Pricing to Include Binance

Claim 30% Off TipRanks

Grayscale Digital Large Cap Fund LLC ( (GDLC) ) has issued an update.

On March 17, 2026, CoinDesk Indices adjusted the trading venues used to calculate index prices for several components of the Grayscale CoinDesk Crypto 5 ETF, adding Binance as a constituent platform for ether, solana and BNB U.S. dollar pairs. The move, made following a scheduled monthly review, reflects that Binance met the index provider’s inclusion criteria and broadens the exchange base used to price the fund’s holdings, with potential implications for liquidity and price discovery in the underlying benchmark rates.

As of the current reporting date, the ETF’s index calculations for bitcoin, ether, XRP, solana and BNB now draw on an expanded roster of exchanges, including Binance, Bitstamp, Bullish, Crypto.com, Gemini, HashKey, Kraken, LMAX Digital, OKX, Bybit and Gate across various USD and USDC pairs. The index provider emphasized that it may continue to modify constituent trading platforms over time through its regular reviews, which could further affect how digital asset prices for the fund are sourced and calculated.

More about Grayscale Digital Large Cap Fund LLC

Grayscale CoinDesk Crypto 5 ETF is a digital asset investment fund that provides exposure to a basket of major cryptocurrencies, including bitcoin, ether, XRP, solana and BNB. The fund relies on benchmark index prices supplied by CoinDesk Indices, Inc., which aggregates trading data from selected cryptocurrency exchanges to value each component in U.S. dollars at a set daily valuation time.

Average Trading Volume: 93,108

Technical Sentiment Signal: Sell

Learn more about GDLC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1