GSUI Prospectus

GRAYSCALE SUI TRUST (SUI) STATEMENTS OF CHANGES IN NET ASSETS (UNAUDITED) (Amounts in thousands, except change in Shares outstanding)

August 1, 2024 (the commencement of the Trust’s operations) to September 30, 2024

August 1, 2024 (the commencement of the Trust’s operations) to September 30, 2024

Three Months Ended September 30, 2025

Nine Months Ended September 30, 2025

Increase (decrease) in net assets from operations: Net investment loss $ Net realized gain on investment in SUI Net change in unrealized appreciation on investment in SUI Net increase (decrease) in net assets resulting from operations Increase in net assets from capital share transactions: Shares issued Net increase in net assets resulting from capital share transactions Total increase (decrease) in net assets from operations and capital share transactions

(70) $

(4) $

(194) $

(4)

19

1

45

1

1,359

1,254

(2,824)

1,254

1,308

1,251

(2,973)

1,251

-

1,293

441

1,293

-

1,293

441

1,293

1,308

2,544

(2,532)

2,544

Net assets:

Beginning of period

8,795

-

12,635

-

End of period

$

10,103 $

2,544 $

10,103 $

2,544

Change in Shares outstanding: Shares outstanding at beginning of period

212,700

-

204,100

-

Shares issued

- -

94,100 94,100 94,100

8,600 8,600

94,100 94,100 94,100

Net increase in Shares

Shares outstanding at end of period

212,700

212,700

See accompanying notes to the unaudited financial statements.

F-5

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