other material
confidence medium
sentiment neutral
materiality 0.35
Grayscale Bitcoin Trust enters new prime broker and admin agreements with Coinbase and BNY Mellon
Grayscale Bitcoin Trust ETF
- On Oct 3, 2025, signed new Prime Broker Agreement with Coinbase, Inc., Coinbase Custody, and Coinbase Credit.
- On Oct 9, 2025, BNY Mellon became fund administrator under a new Fund Administration and Accounting Agreement.
- Previous prime broker agreement (Dec 29, 2023) and prior BNY admin agreement (Feb 26, 2024) were terminated on the respective effective dates.
- Coinbase Custody remains custodian; BNY continues providing admin/accounting services under new terms.