---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-084769"
form_type: "8-K"
ticker: "GBTC"
cik: "0001588489"
company_name: "Grayscale Bitcoin Trust ETF"
filed_at: "2024-07-19T23:59:59+00:00"
generated_at: "2026-05-31T19:03:45.003524+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Grayscale Bitcoin Trust sets July 30 record date for 1:1 distribution of new Mini Trust shares

## Summary
- Record date July 30, 2024; each GBTC share receives 1 BTC share of Grayscale Bitcoin Mini Trust.
- GBTC will contribute 10% of its Bitcoin holdings (as of Record Date) to the new BTC Trust.
- Anticipated distribution date July 31, 2024, subject to SEC registration and NYSE Arca listing approval.
- Distribution expected to be tax-free for U.S. federal income tax purposes (no gain/loss recognized).
- Holders need not take action; shares will appear automatically in portfolios on Distribution Date.

## SEC filing metadata
- accession: 0000950170-24-084769
- form_type: 8-K
- ticker: GBTC
- cik: 0001588489
- company_name: Grayscale Bitcoin Trust ETF
- filed_at: 2024-07-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1588489/000095017024084769/0000950170-24-084769-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1588489/000095017024084769/gbtc-20240719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-084769
- JSON: https://secwatch.observer/filing/0000950170-24-084769.json
- Plain text: https://secwatch.observer/filing/0000950170-24-084769.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.