Related Parties

2 Months Ended

Jun. 30, 2024

Related Party Transactions [Abstract]

Related Parties

4. Related Parties

The Trust considered the following entities, their directors, and certain employees to be related parties of the Trust: DCG, Genesis Global Trading, Inc., Grayscale and Grayscale Securities, LLC.

The Sponsor’s parent, an affiliate of the Trust, holds a minority interest in Coinbase, Inc., the parent company of the Custodian, that represents less than 1.0% of Coinbase Inc.’s ownership.

As of June 30, 2024, the Sponsor owned 10,000 Shares of the Trust.

As of June 30, 2024, there are no amounts due to or from the related parties of the Trust.