Grayscale Bitcoin Trust ETF Files 8-K

TL;DR

GBTC filed an 8-K on Nov 4, 2024, updating its corporate info and agreements.

AI Summary

On November 4, 2024, Grayscale Bitcoin Trust ETF filed an 8-K, reporting an entry into a material definitive agreement and financial statements. The filing also notes the company's former names, Grayscale Bitcoin Trust (BTC) and Bitcoin Investment Trust, with the most recent name change occurring on January 10, 2019. The company is incorporated in Delaware and its principal executive offices are located in Stamford, Connecticut.

Why It Matters

This filing provides an update on Grayscale Bitcoin Trust ETF's corporate structure and agreements, which is important for investors to understand the company's current operational status.

Risk Assessment

Risk Level: low — This is a routine corporate filing (8-K) primarily detailing agreements and historical company name changes, not indicating new financial risks.

Key Players & Entities

• Grayscale Bitcoin Trust ETF (company) — Registrant
• Grayscale Bitcoin Trust (BTC) (company) — Former Company Name
• Bitcoin Investment Trust (company) — Former Company Name
• November 4, 2024 (date) — Date of Report
• January 10, 2019 (date) — Date of Name Change

FAQ

Filing Documents

• gbtc-20241104.htm (8-K) — 46KB
• gbtc-ex4_1.htm (EX-4.1) — 36KB
• gbtc-ex4_2.htm (EX-4.2) — 8KB
• 0000950170-24-120660.txt ( ) — 210KB
• gbtc-20241104.xsd (EX-101.SCH) — 26KB
• gbtc-20241104_htm.xml (XML) — 5KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On October 30, 2024, Grayscale Investments, LLC, the sponsor (the "Sponsor") filed a Certificate of Amendment to Certificate of Trust on behalf of Grayscale Bitcoin Trust ETF (the "Trust") with the Secretary of the State of the State of Delaware for the purpose of changing its name from "Grayscale Bitcoin Trust (BTC)" to "Grayscale Bitcoin Trust ETF" (the "Certificate of Amendment"), with an effective date of November 4, 2024. Additionally, on November 4, 2024, the Sponsor entered into Amendment No. 3 (the "Amendment No. 3") to the Seventh Amended and Restated Declaration of Trust and Trust Agreement (the "Trust Agreement"), dated as of March 15, 2024, as amended by Amendment No. 1, dated as of March 15, 2024, and Amendment No. 2, dated as of May 7, 2024, as may be further amended from time to time, which changes the name of the Trust, effective as of November 4, 2024. The Certificate of Amendment, which also became effective as of November 4, 2024, is attached as Exhibit A to the Amendment No. 3. The foregoing description of the Amendment No. 3 and the Certificate of Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment No. 3 and the Certificate of Amendment, copies of which are attached hereto as Exhibits 4.1 and 4.2 and incorporated herein by reference.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 4.1 Amendment No. 3 to the Seventh Amended and Restated Declaration of Trust and Trust Agreement 4.2 Certificate of Amendment to Certificate of Trust (attached as Exhibit A to Amendment No. 3 to the Seventh Amended and Restated Declaration of Trust and Trust Agreement) 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 Trust ETF Date: November 4, 2024 By: /s/ Edward McGee Name: Edward McGee Title: Chief Financial Officer* * The Registrant is a trust and the identified person signing this report is signing in their capacity as an authorized officer of Grayscale Investments, LLC, the Sponsor of the Registrant.

View Full Filing

View this 8-K filing on SEC EDGAR