Grayscale Bitcoin Trust extends CoinDesk index license to Feb 2025

Grayscale Bitcoin Trust ETF

Term of Index License Agreement extended from Feb 29, 2024 to Feb 28, 2025.
Amendment updates operational milestones (redacted as confidential).
Agreement governs use of CoinDesk Bitcoin Price Index (XBX) for Index Price.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Grayscale Bitcoin Trust ETF amended Amendment with CoinDesk Indices, Inc. (effective 2023-06-20).

Action: amendment
Agreement: license
Counterparty: CoinDesk Indices, Inc.
Effective: 2023-06-20

Exact text from the filing

On June 20, 2023, Grayscale Investments, LLC, the sponsor (the “Sponsor”) of Grayscale Bitcoin Trust (BTC) (the “Trust”), and CoinDesk Indices, Inc. (the “Index Provider”), entered into an Amendment (the “Amendment”) to the Index License Agreement dated January 31, 2022, between the Sponsor and the Index Provider (the “Index License Agreement”) governing the Sponsor’s use of the CoinDesk Bitcoin Price Index (XBX) (the “Index”) to calculate the Index Price, among other things.

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Grayscale Bitcoin Trust ETF filing history →

Source: SEC EDGAR

accession 0000950170-23-029611

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