---
schema_version: "secwatch.filing_event.v1"
accession: "0001999371-24-003613"
form_type: "8-K"
ticker: "BRRR"
cik: "0001841175"
company_name: "CoinShares Bitcoin ETF"
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T17:51:19.482114+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Valkyrie Bitcoin Fund appoints CoinShares Co. as Co-Sponsor; Sponsor withdrawal notice cut to 60 days

## Summary
- CoinShares Co., subsidiary of publicly traded CoinShares International, appointed Co-Sponsor of Valkyrie Bitcoin Fund effective March 15, 2024.
- Amendment to Trust Agreement shortens Sponsor's voluntary withdrawal notice from 120 to 60 days.
- Upon Sponsor's withdrawal, Co-Sponsor automatically becomes successor Sponsor with full powers.
- Co-Sponsor receives no compensation from Trust until it becomes successor Sponsor.
- Trust is not an investment company under 1940 Act nor a commodity pool; Sponsor not registered as investment adviser.

## SEC filing metadata
- accession: 0001999371-24-003613
- form_type: 8-K
- ticker: BRRR
- cik: 0001841175
- company_name: CoinShares Bitcoin ETF
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841175/000199937124003613/0001999371-24-003613-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841175/000199937124003613/brrr-8k_031524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001999371-24-003613
- JSON: https://secwatch.observer/filing/0001999371-24-003613.json
- Plain text: https://secwatch.observer/filing/0001999371-24-003613.txt

## Key facts
- Governance Changes
  CoinShares Bitcoin ETF: Amendments to articles of incorporation or bylaws incorporated by reference to Item 1.01.
  - Change: fiscal year change
  source text: Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year The information set forth under Item 1.01 is incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1841175/000199937124003613/0001999371-24-003613-index.htm

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