4 unchanged sentences
Exchange under the symbol “ARKB” and have been listed since January 11, 2024.
−Removed: As of December 31, 2024, there was approximately 1 DTC participating
−Removed: shareholders of record of the Trust.
−Removed: Because most of the Trust’s Shares are held by brokers and other institutions on behalf
−Removed: of shareholders, we are unable to estimate the total number of shareholders represented by these record holders.
+Added: As of December 31, 2025, there
+Added: was approximately 1 DTC participating shareholder of record of the Trust.
+Added: Because most of the Trust’s Shares are held by brokers
+Added: and other institutions on behalf of shareholders, we are unable to estimate the total number of shareholders represented by these record holders.
Sales of Unregistered
Securities and Use of Proceeds of Registered Securities
−Removed: On January 9, 2024, the Seed
−Removed: Capital Investor purchased the initial Seed Creation Baskets comprising 10,000 Shares at a per-share price of $46.88.
−Removed: Total proceeds to
−Removed: the Trust from the sale of the Seed Creation Baskets were $468,806.44.
−Removed: On January 9, 2024, the Trust purchased 10 bitcoins with the proceeds
−Removed: of the Seed Creation Baskets by transacting with a Bitcoin Counterparty to acquire bitcoin on behalf of the Trust in exchange for cash
−Removed: provided by the Sponsor in its capacity as Seed Capital Investor.
−Removed: These Seed Creation Baskets were redeemed for cash on or about January
The Trust does not purchase
8 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.