Grayscale Bitcoin Trust ETF Files 8-K

Ticker: GBTC · Form: 8-K · Filed: 2025-01-03T00:00:00.000Z

Sentiment: neutral

Topics: 8-K, ETF, SEC Filing

TL;DR

GBTC filed an 8-K on Jan 1, 2025, signaling operational/structural changes.

AI Summary

On January 1, 2025, Grayscale Bitcoin Trust ETF (formerly Grayscale Bitcoin Trust (BTC)) filed an 8-K report. This filing indicates a change in the company's structure or operations, potentially related to its transition from a trust to an ETF structure, as suggested by its former names. The filing was made on January 3, 2025.

Why It Matters

This filing signifies a formal update to the company's reporting status, which could impact investor perception and regulatory compliance for the Grayscale Bitcoin Trust ETF.

Risk Assessment

Risk Level: low — The filing is a routine 8-K report and does not appear to contain immediate negative financial or operational news.

Key Numbers

Key Players & Entities

FAQ

What is the primary reason for the January 1, 2025 8-K filing by Grayscale Bitcoin Trust ETF?

The filing indicates an 'Entry into a Material Definitive Agreement' and 'Other Events', suggesting a significant change in the company's operations or structure, potentially related to its ETF transition.

What were the previous names of Grayscale Bitcoin Trust ETF?

The company was formerly known as Grayscale Bitcoin Trust (BTC) and prior to that, Bitcoin Investment Trust.

When was the 8-K report filed with the SEC?

The 8-K report was filed on January 3, 2025.

What is the Commission File Number for Grayscale Bitcoin Trust ETF?

The Commission File Number is 001-41906.

Where is the principal executive office of Grayscale Bitcoin Trust ETF located?

The principal executive offices are located at c/o Grayscale Operating, LLC, 290 Harbor Drive, 4th Floor, Stamford, Connecticut, 06902.

From the Filing

0000950170-25-001114.txt : 20250103 0000950170-25-001114.hdr.sgml : 20250103 20250103160131 ACCESSION NUMBER: 0000950170-25-001114 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250101 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250103 DATE AS OF CHANGE: 20250103 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grayscale Bitcoin Trust ETF CENTRAL INDEX KEY: 0001588489 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 467019388 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41906 FILM NUMBER: 25505837 BUSINESS ADDRESS: STREET 1: 290 HARBOR DRIVE STREET 2: 4TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 212-668-1427 MAIL ADDRESS: STREET 1: 290 HARBOR DRIVE STREET 2: 4TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 FORMER COMPANY: FORMER CONFORMED NAME: Grayscale Bitcoin Trust (BTC) DATE OF NAME CHANGE: 20190110 FORMER COMPANY: FORMER CONFORMED NAME: Bitcoin Investment Trust DATE OF NAME CHANGE: 20131004 8-K 1 gbtc-20250101.htm 8-K 8-K 0001588489 false 0001588489 2025-01-01 2025-01-01     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 1, 2025     Grayscale Bitcoin Trust ETF (Exact name of Registrant as Specified in Its Charter)     Delaware 001-41906 46-7019388 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           c/o Grayscale Operating, LLC 290 Harbor Drive, 4th Floor   Stamford , Connecticut   06902 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone Number, Including Area Code: 212 668-1427   N/A (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Grayscale Bitcoin Trust ETF Shares     GBTC   NYSE Arca, Inc. Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐         Item 1.01. Entry into a Material Definitive Agreement. The information set forth under “Assignment Agreements” in Item 8.01 below is hereby incorporated by reference into this Item 1.01 to the extent that any such contracts or agreements so assigned constitute material definitive agreements of the Trust (as defined below). Item 8.01. Other Events. Corporate Reorganization of the Sponsor On January 1, 2025, Grayscale Investments, LLC (“GSI”)

View on Read The Filing