Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered
Sales of Equity Securities and Use of Proceeds.
WisdomTree, Inc., the parent of the Sponsor, purchased:
(i) 1,000 Shares at a price per Share of $50 on December 22, 2023 for proceeds of $50,000, and (ii) 49,000 Shares at a price per Share
of $50 on January 8, 2024 for proceeds of $2,450,000, for a total of $2,500,000, resulting in total ownership of 50,000 Shares. The issuance
of such Shares was effected in reliance upon an exemption from registration provided by Section 4(a)(2) of the 1933 Act.
18
The Trust does not purchase Shares directly from
its shareholders and the Trust redeemed 0 Shares (0 Baskets) during the quarter ended September 30, 2024 as set forth in the table below:
Period
Total Number
of Shares
Redeemed
Average price
of Bitcoin
Per Share
July 1, 2024 – July 31, 2024
None
–
August 1, 2024 – August 31, 2024
None
–
September 1, 2024 – September 30, 2024
None
–
Total
None
–
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.