{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-087527","form_type":"8-K","ticker":"GBTC","cik":"0001588489","company_name":"Grayscale Bitcoin Trust ETF","filed_at":"2024-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.665347+00:00","generated_at":"2026-05-31T15:18:39.011798+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"GBTC to distribute shares of new Grayscale Bitcoin Mini Trust (BTC) on July 31; 10% of Bitcoin contributed","bullets":["Record date July 30, 2024; each GBTC share receives one BTC share on July 31.","GBTC contributes 10% of its Bitcoin (BTC Portion) to the new trust; 90% retained (GBTC Portion).","GBTC Bitcoin-per-share ratio pre-distribution: 0.00088695; post-distribution GBTC ratio 90% of that.","No gain/loss expected for U.S. tax purposes; basis allocated 90% to GBTC shares and 10% to BTC shares.","BTC shares begin trading on NYSE Arca on July 31, 2024; no additional expenses for holders."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-087527","json":"https://secwatch.observer/filing/0000950170-24-087527.json","markdown":"https://secwatch.observer/filing/0000950170-24-087527.md","text":"https://secwatch.observer/filing/0000950170-24-087527.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1588489/000095017024087527/0000950170-24-087527-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1588489/000095017024087527/gbtc-20240729.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T15:18:39.011798+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}