BTCC Prospectus


TABLE OF CONTENTS
4

Grayscale Bitcoin Covered Call ETF Summary
5

Investment Objectives
5

Fees and Expenses of the Fund
5

Expense Example
5

Portfolio Turnover
5

Principal Investment Strategy
5

Principal Investment Risks
8

Performance
15

Portfolio Management
15

Purchase and Sale of Shares
15

Tax Information
15

Financial Intermediary Compensation
15

ADDITIONAL INFORMATION ABOUT THE FUND
15

PORTFOLIO HOLDINGS INFORMATION
24

MANAGEMENT
24

Investment Adviser
24

Sub-Adviser
24

Portfolio Managers
25

Manager of Managers Structure
25

HOW TO BUY AND SELL SHARES
25

Book Entry
26

Frequent Purchases and Redemptions of Shares
26

Determination of NAV
26

Fair Value Pricing
26

Investments by Registered Investment Companies
27

Delivery of Shareholder Documents - Householding
27

DIVIDENDS, DISTRIBUTIONS, AND TAXES
27

Dividends and Distributions
27

Taxes on Distributions
27

Taxes When Shares are Sold on the Exchange
28

DISTRIBUTION
29

PREMIUM/DISCOUNT INFORMATION
29

FINANCIAL HIGHLIGHTS
29

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