Grayscale Bitcoin Cash Trust Changes Certifying Accountant

TL;DR

Grayscale Bitcoin Cash Trust (BCH) swapped auditors effective March 1, 2024.

AI Summary

Grayscale Bitcoin Cash Trust (BCH) filed an 8-K on March 6, 2024, reporting changes in its certifying accountant. The filing indicates a change in the independent registered public accounting firm for the Trust. The change was effective as of March 1, 2024.

Why It Matters

A change in auditor can signal potential issues or a strategic shift in financial oversight for the trust. Investors should monitor future filings for details on the new auditor's findings.

Risk Assessment

Risk Level: low — This filing reports a routine administrative change in the Trust's auditor and does not inherently present new financial risks.

Key Players & Entities

• Grayscale Bitcoin Cash Trust (BCH) (company) — Registrant
• March 1, 2024 (date) — Effective date of change in accountant
• March 6, 2024 (date) — Filing date of the 8-K

FAQ

Filing Documents

• bchg-20240301.htm (8-K) — 47KB
• bchg-ex16_1.htm (EX-16.1) — 5KB
• 0000950170-24-027116.txt ( ) — 173KB
• bchg-20240301.xsd (EX-101.SCH) — 29KB
• bchg-20240301_htm.xml (XML) — 5KB

01 Changes in Registrant's Certifying Accountant

Item 4.01 Changes in Registrant's Certifying Accountant. (a) Dismissal of Previous Independent Registered Public Accounting Firm On March 1, 2024, the Audit Committee of the Board of Directors of Grayscale Investments, LLC, the sponsor (the "Sponsor") of Grayscale Bitcoin Cash Trust (BCH) (the "Trust"), approved the dismissal of the current independent registered public accounting firm of the Trust, Marcum LLP ("Marcum"), effective following the completion of the audit of the Trust's financial statements for the fiscal year ending June 30, 2024. Marcum's responsibilities as the Trust's independent registered public accounting firm will cease upon completion of the audit engagement. Effective September 1, 2022, the Sponsor was notified that certain assets of Friedman LLP ("Friedman"), the Trust's independent registered public accounting firm for the fiscal year ending June 30, 2022, were acquired by Marcum. On September 27, 2022, the Audit Committee of the Board of Directors of the Sponsor approved the dismissal of Friedman and the engagement of Marcum to serve as the independent registered public accounting firm of the Trust. As of September 1, 2022, the services previously provided by Friedman were provided by Marcum. The reports of Marcum and Friedman on the financial statements of the Trust for the years ending June 30, 2023 and 2022, respectively, contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principle, except for the inclusion of an emphasis of matter paragraph with respect to investments in digital assets. In connection with the audits of the years ending June 30, 2023 and 2022 and the subsequent interim period from July 1, 2023 through March 1, 2024, there have been no "disagreements" (as defined in Item 304(a)(1)(iv) of Regulation S-K promulgated under the Exchange Act ("Regulation S-K") and the related instructions thereto) with Marcum or Friedman on any matter of

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 16.1 Letter, dated March 6, 2024 from Marcum LLP to the SEC, regarding change in certifying accountant of the Trust. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Grayscale Investments, LLC as Sponsor of Grayscale Bitcoin Cash Trust (BCH) Date: March 6, 2024 By: /s/ Michael Sonnenshein Michael Sonnenshein Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR