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Grayscale Stellar Lumens Trust (XLM) Changes Valuation Index
GXLM
Accounting Changes
- Effective October 1, 2025, Grayscale Stellar Lumens Trust (XLM) will change the index used to value its XLM holdings for operational purposes.
- The Trust will transition from the CoinDesk Stellar Lumens Index (XLMX) to the CoinDesk XLM CCIXber Reference Rate.
- This change will directly affect the calculation of the Trust's Net Asset Value (NAV) and NAV per Share.
- The new Index Price methodology incorporates volume weighting, FX conversion, outlier detection, and manipulation resistance from constituent trading platforms.
Sep 26, 2025, 8:08 PM
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