−Removed: MARKET FOR REGISTRANT’S
−Removed: COMMON EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES
+Added: MARKET FOR REGISTRANT’S COMMON
+Added: EQUITY, RELATED STOCKHOLDER MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information
1 unchanged sentence
under the ticker symbol “BTCW”.
−Removed: of March 1, 2024, there were approximately forty-nine (49) DTC participating shareholders of record of the Trust, along with WisdomTree,
−Removed: Inc., as an initial shareholder.
−Removed: Because all of the Trust’s Shares are held by brokers and other institutions or intermediaries
−Removed: on behalf of shareholders, we are unable to estimate the total number of shareholders represented by these record holders.
+Added: As of February 28, 2025, there were approximately fifty-nine (59) DTC
+Added: participating shareholders of record of the Trust.
+Added: Because all of the Trust’s Shares are held by brokers and other institutions
+Added: or intermediaries on behalf of shareholders, we are unable to estimate the total number of shareholders represented by these record holders.
The Trust has no record of paying cash dividends and has no intention
1 unchanged sentence
Recent Sales of Unregistered Securities;
−Removed: of Proceeds From Registered Securities
−Removed: Inc., the parent of the Sponsor, purchased:
−Removed: (i) 1,000 Shares at a price per Share of $50 on December 22, 2023 for proceeds of $50,000,
−Removed: 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
−Removed: in total ownership of 50,000 Shares.
−Removed: The issuance of such Shares was effected in reliance upon an exemption from registration provided
−Removed: by Section 4(a)(2) of the 1933 Act.
−Removed: On January 10, 2024, the Trust’s registration statement on Form
−Removed: S-1/A (File No.
+Added: Use of Proceeds From Registered
+Added: WisdomTree, Inc., the parent of the Sponsor, purchased:
+Added: (i) 1,000 Shares
+Added: 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
+Added: 8, 2024 for proceeds of $2,450,000, for a total of $2,500,000.
+Added: On December 16, 2024, 50,000 shares were sold for proceeds $5,637,003.
+Added: As of December 31, 2024, WisdomTree Inc.
+Added: did not own any outstanding Shares of the Trust.
+Added: The issuance of such Shares was effected in
+Added: reliance upon an exemption from registration provided by Section 4(a)(2) of the 1933 Act.
+Added: On January 10, 2024, the Trust’s registration
+Added: statement on Form S-1/A (File No.
333-254134) was declared effective pursuant to which the Trust registered an unlimited number of Shares.
−Removed: Shares began trading on the Cboe BZX Exchange, Inc.
−Removed: on January 11, 2024 and since that date, through March
−Removed: 26, 2024 (excluding any redemptions), the Trust sold 1,120,000 Shares for aggregate
−Removed: proceeds of $ 65,937,530.
−Removed: The Trust seeks to use substantially all of the proceeds of the
−Removed: offering of Shares to make investments in bitcoin in a manner consistent with the Trust’s investment objective.
−Removed: Purchases of Equity Securities by the Issuers
−Removed: and Affiliated Purchaser
+Added: (a) There have been no unregistered sales of the Shares.
+Added: No Shares are authorized for issuance by the Trust under equity compensation plans.
+Added: (b) Not applicable.
+Added: (c) Although the Trust did not redeem Shares directly from
+Added: its Shareholders, the Trust redeemed Creation Units from Authorized Participants during the three months ended December 31, 2024
+Added: Period of Redemption
+Added: Average Price
+Added: October 1, 2024 to October 31, 2024
+Added: November 1, 2024 to November 30, 2024
+Added: December 1, 2024 to December 31, 2024
+Added: The Trust seeks to use substantially all of the proceeds of the offering
+Added: of Shares to make investments in bitcoin in a manner consistent with the Trust’s investment objective.
+Added: Purchases of Equity Securities by the Issuers and Affiliated Purchaser
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.