TABLE OF CONTENTS Grayscale Bitcoin Miners ETF Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Investment Objective ...................................................................................... FeesandExpensesoftheFund.............................................................................. ExpenseExample.......................................................................................... PortfolioTurnover......................................................................................... Principal Investment Strategy ............................................................................... PrincipalInvestmentRisks.................................................................................. Performance .............................................................................................. Portfolio Management ..................................................................................... Purchase and Sale of Shares ................................................................................ TaxInformation........................................................................................... FinancialIntermediaryCompensation........................................................................ ADDITIONALINFORMATIONABOUTTHEFUND........................................................ PORTFOLIO HOLDINGS INFORMATION ................................................................. MANAGEMENT ......................................................................................... Investment Adviser ........................................................................................ Sub-Adviser .............................................................................................. Portfolio Managers ........................................................................................ Manager of Managers Structure ............................................................................. HOW TO BUY AND SELL SHARES ....................................................................... Book Entry ............................................................................................... Frequent Purchases and Redemptions of Shares ............................................................... DeterminationofNAV..................................................................................... Fair Value Pricing ......................................................................................... InvestmentsbyRegisteredInvestmentCompanies............................................................. Delivery of Shareholder Documents - Householding ........................................................... DIVIDENDS,DISTRIBUTIONS,ANDTAXES.............................................................. Dividends and Distributions ................................................................................ DISTRIBUTION.......................................................................................... PREMIUM/DISCOUNT INFORMATION ................................................................... ADDITIONALNOTICES.................................................................................. DISCLAIMERS........................................................................................... FINANCIALHIGHLIGHTS................................................................................
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