Item 5. Market for Registrant’s Common Equity
Item
5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
The
Shares of the Trust are listed in the accompanying table. The date the Shares of the Trust began trading, their symbols and their
primary listing exchange are indicated below:
Trust
Commencement
of Operations
Ticker
Symbol
Name
of each exchange on which registered
CoinShares
Bitcoin ETF
January
11, 2024
BRRR
The
Nasdaq Stock Market, LLC
As
of January 31, 2026, there were approximately 64 Direct Participants holding Shares of the Trust on behalf of their customers
as beneficial owners of Shares. Because most of the Trust’s Shares are held by brokers and other institutions on behalf
of Shareholders, we are unable to estimate the total number of Shareholders represented by these record holders.
a) Not
applicable
b) Not
applicable.
c)
In connection with redemptions of baskets held by an Authorized Participant, BRRR redeemed 227 baskets (comprising 1,135,000
Shares) during the three months ended December 31, 2025, at an average price per Share of $30.32. The following table provides
information about BRRR’s redemptions by Authorized Participants during the three months ended December 31, 2025:
Calendar Month
Number
of Shares
Redeemed
Average
Price
Paid per
Share
October 2025
625,000
$ 32.03
November 2025
510,000
28.23
December 2025
—
—
Total
1,135,000
$ 30.32
Item
6. [Reserved]
64
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.