Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Although the Trust does not purchase Shares directly from its shareholders, in connection with its redemption of Baskets, the Trust redeemed 464 Baskets (4,640,000 Shares) during the period from July 31, 2024 (the commencement of the Trust’s operations) to September 30, 2024:
Period
Total Number of Shares of BTC Redeemed
Average Price Paid per Share of BTC
July 1, 2024 - July 31, 2024
-
$
-
August 1, 2024 - August 31, 2024
1,680,000
5.25
September 1, 2024 - September 30, 2024
2,960,000
8.60
Total
4,640,000
$
5.02
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
Not applicable.
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.