secwatch / observer

Grayscale Bitcoin Trust ETF — fact timeline

Source-grounded facts extracted from Grayscale Bitcoin Trust ETF's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

GBTC Grayscale Bitcoin Trust ETF JSON

Hugh Ross departed as Chief Operating Officer at Grayscale Bitcoin Trust ETF.

“Ms. Zhang will succeed Hugh Ross, the current Chief Operating Officer of Grayscale Operating, LLC, who has decided to step down from his position and is expected to remain with Grayscale to assist with the transition of his responsibilities until his departure on or prior to May 31, 2025.”

Diana Zhang was appointed as Chief Operating Officer at Grayscale Bitcoin Trust ETF.

“the appointment of Diana Zhang to serve as the new Chief Operating Officer of Grayscale Operating, LLC, effective May 6, 2025.”

Edward McGee was appointed as Principal Executive Officer (interim) at Grayscale Bitcoin Trust ETF.

“Mr. Edward McGee, the Chief Financial Officer of Grayscale and principal financial officer of the Company, will serve as principal executive officer on an interim basis”

Michael Sonnenshein departed as Chief Executive Officer at Grayscale Bitcoin Trust ETF.

“has decided to step down from his position, effective immediately.”

Peter Mintzberg was appointed as Chief Executive Officer at Grayscale Bitcoin Trust ETF.

“the appointment of Peter Mintzberg to serve as Grayscale’s new Chief Executive Officer”
Material Agreements

Grayscale Bitcoin Trust ETF amended Amendment No. 2 with CSC Delaware Trust Company (effective 2024-05-07).

“On May 7, 2024, Grayscale Investments, LLC, the sponsor (the “Sponsor”) of Grayscale Bitcoin Trust (BTC) (the “Trust”), and CSC Delaware Trust Company, the trustee (the “Trustee”) of the Trust, entered into Amendment No. 2 ( “Amendment No. 2”) to the Seventh Amended and Restated Declaration of Trust and Trust Agreement, dated as of March 15, 2024, as amended by Amendment No. 1 thereto dated as of March 15, 2024 (the “Seventh A&R Trust Agreement”)”
Shareholder Votes

Grayscale Bitcoin Trust ETF shareholders approved Approve amendments to the Trust Agreement providing alternative procedures for the creation and redemption of Baskets at the 2024-03-14 meeting.

“The proposal to approve amendments to the Trust Agreement providing the Trust with alternative procedures for the creation and redemption of Baskets (as defined in the Trust Agreement) (the “Proposal”) was approved based on the following votes: For Against Abstain 64,452,495 2,520,003 1,123,997”
Material Agreements

Grayscale Bitcoin Trust ETF amended Amendment No. 1 to the Seventh Amended and Restated Declaration of Trust and Trust Agreement with Delaware Trust Company (effective 2024-03-15).

“on March 15, 2024 the Sponsor and the Trustee entered into Amendment No. 1 to the Seventh Amended and Restated Declaration of Trust and Trust Agreement (the “Amendment No. 1”) in order to provide that any cash held by the Trust pursuant to the alternative procedures for creation and redemption of Shares set forth in the Seventh A&R Trust Agreement, as amended from time to time (the “Alternative Procedures”) may be held in a single non-interest bearing account to be used for both creations and redemptions of Shares.”
Material Agreements

Grayscale Bitcoin Trust ETF amended Seventh Amended and Restated Declaration of Trust and Trust Agreement with Delaware Trust Company (effective 2024-03-15).

“On March 15, 2024, following approval of the Proposal (as defined below), Grayscale Investments, LLC, the sponsor (the “Sponsor”) of Grayscale Bitcoin Trust (BTC) (the “Trust”), and Delaware Trust Company, the trustee (the “Trustee”) of the Trust, entered into the Seventh Amended and Restated Declaration of Trust and Trust Agreement, dated as of March 15, 2024 (the “Seventh A&R Trust Agreement”).”
Auditor Changes

Grayscale Bitcoin Trust ETF engaged KPMG LLP as its auditor.

“On March 1, 2024, the Audit Committee of the Board of Directors of the Sponsor approved the engagement of KPMG LLP (“KPMG”) to be the Trust’s independent registered public accounting firm to perform independent audit services for the Trust beginning with its fiscal year ending December 31, 2024.”
Auditor Changes

Grayscale Bitcoin Trust ETF dismissed Marcum LLP as its auditor.

“On March 1, 2024, the Audit Committee of the Board of Directors of Grayscale Investments, LLC, the sponsor (the “Sponsor”) of Grayscale Bitcoin Trust (BTC) (the “Trust”), approved the dismissal of the current independent registered public accounting firm of the Trust, Marcum LLP (“Marcum”), effective March 1, 2024.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.