GRAYSCALE FUNDS TRUST NOTES TO FINANCIAL STATEMENTS June 30, 2025 (Unaudited) (Continued)
creation or redemption of Creation Units. The standard fixed transaction fee for the Funds is $300, payable to the Custodian. The fixed transaction fee may be waived on certain orders if the Funds’ Custodian has determined to waive some or all of the costs associated with the order or another party, such as the Adviser, has agreed to pay such fee. In addition, a variable fee, payable to the Funds, may be charged on all cash transactions or substitutes for Creation Units of up to a maximum of 2% as a percentage of the value of the Creation Units subject to the transaction. Variable fees received by the Funds, if any, are displayed in the Capital Transactions section of the Statements of Changes in Net Assets. The Funds may issue an unlimited number of shares of beneficial interest, with no par value. Shares of the Funds have equal rights and privileges. NOTE 7 – RISKS Concentration Risk. To the extent the Funds invests more heavily in particular industries, groups of industries, or sectors of the economy, their performance will be especially sensitive to developments that significantly affect those industries, groups of industries, or sectors of the economy, and the value of shares may rise and fall more than the value of shares that invest in securities of companies in a broader range of industries or sectors. Derivative Instruments . The Options Funds will invest in options, a type of derivative instrument. Derivatives can be more sensitive to changes in interest rates or to sudden fluctuations in market prices than conventional securities, which can result in greater losses for the Option Funds. In addition, the prices of the derivative instruments and the prices of underlying securities, interest rates or currencies they are designed to reflect may not move together as expected. Derivatives are usually traded on margin, which may subject the Option Funds to margin calls. Margin calls may force the Options Funds to liquidate assets. NOTE 8 – SUBSEQUENT EVENTS The Bitcoin Covered Call ETF paid distributions to shareholders as follows:
Ordinary Income Rate
Ordinary Income Distribution Paid
Record Date 7/23/2025 8/14/2025 8/28/2025
Ex-Date
Payable Date 7/24/2025 8/15/2025 8/29/2025
7/23/2025 8/14/2025 8/28/2025
$1.84864458 $0.74273062 $1.18329488
$924,322 $527,339 $993,968
The Bitcoin Premium Income ETF paid distributions to shareholders as follows:
Ordinary Income Rate
Ordinary Income Distribution Paid
Record Date 7/23/2025 8/14/2025
Ex-Date
Payable Date 7/24/2025 8/14/2025 8/29/2025
7/23/2025 8/14/2025 8/28/2025
$0.89241233 $0.23946493 $0.63546493
$107,089 $ 35,920
8/28/2025 $ 95,320 Effective July 25, 2025, the frequency of distributions from the Options Funds changed from monthly to bi-weekly. This change applies to distributions declared after that date. In preparing these financial statements, management has evaluated events and transactions for potential recognition or disclosure through the date the financial statements were issued. There were no other events or transactions that occurred during the period subsequent to the end of the current fiscal period that materially impacted the amounts or disclosures in the Funds’ financial statements.
21
Made with FlippingBook - professional solution for displaying marketing and sales documents online