Key Takeaways
- • Grayscale Investments completed its quarterly rebalance of the CoinDesk Crypto 5 ETF (GDLC) on July 31, 2026, with no tokens added or removed, maintaining the five largest cryptocurrencies in its portfolio.
- • Bitcoin dominates the fund's allocation at 75.54%, followed by Ethereum at 13.30%, reflecting the index's concentration in mega-cap digital assets; BNB, XRP, and Solana comprise the remaining 11.16% of holdings.
- • CoinDesk Indices, Inc. confirmed that Bitcoin, Ethereum, XRP, Solana, and BNB met inclusion criteria under the CoinDesk 5 Index methodology, with the manager adjusting holdings to maintain index alignment as of August 3, 2026.
- • The rebalance maintains transparent exposure to large-cap digital assets for institutional and retail investors tracking cryptocurrency market leaders without portfolio turnover.
Summary
Grayscale Investments Sponsors, LLC completed its quarterly review and rebalancing of the Grayscale CoinDesk Crypto 5 ETF (GDLC) on July 31, 2026, in accordance with the CoinDesk 5 Index methodology. The process, which included an assessment by CoinDesk Indices, Inc., resulted in no additions or removals of tokens from the fund's holdings, indicating stability in the composition of the five largest cryptocurrencies by market capitalization.
As of August 3, 2026, the ETF's portfolio reflected a concentrated allocation heavily weighted toward Bitcoin, which comprises 75.54% of fund assets. Ethereum represents the second-largest position at 13.30%, while the three remaining holdings—BNB (4.64%), XRP (3.98%), and Solana (2.54%)—constitute a combined 11.16% of the portfolio. Each share in the ETF is designed to represent defined amounts of each cryptocurrency, providing investors with transparent, discrete exposure to these large-cap digital assets.
The completed rebalance reinforces the fund's structural alignment with its underlying index while maintaining the status quo in token composition. For institutional investors and alternative asset allocators seeking concentrated exposure to cryptocurrency market leaders, this periodic rebalancing process ensures the fund continues to track the CoinDesk 5 Index accurately and reflects current market leadership among digital assets. The absence of portfolio turnover during this quarterly review suggests that the five index constituents remain the dominant players in the cryptocurrency ecosystem as of mid-2026.
As of August 3, 2026, the ETF's portfolio reflected a concentrated allocation heavily weighted toward Bitcoin, which comprises 75.54% of fund assets. Ethereum represents the second-largest position at 13.30%, while the three remaining holdings—BNB (4.64%), XRP (3.98%), and Solana (2.54%)—constitute a combined 11.16% of the portfolio. Each share in the ETF is designed to represent defined amounts of each cryptocurrency, providing investors with transparent, discrete exposure to these large-cap digital assets.
The completed rebalance reinforces the fund's structural alignment with its underlying index while maintaining the status quo in token composition. For institutional investors and alternative asset allocators seeking concentrated exposure to cryptocurrency market leaders, this periodic rebalancing process ensures the fund continues to track the CoinDesk 5 Index accurately and reflects current market leadership among digital assets. The absence of portfolio turnover during this quarterly review suggests that the five index constituents remain the dominant players in the cryptocurrency ecosystem as of mid-2026.
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