Grayscale Bitcoin Mini Trust ETF
For the period ended Nov 19, 2024. Filed Nov 20, 2024.
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Nov 19, 2024 · Filed Nov 20, 2024
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EX-99.1 · Illustration of Reverse Split
Illustration of Reverse Split
The following table shows the effect of a hypothetical 1:5 reverse split:
| Period | Number of Shares Owned | Hypothetical NAV per Share | Value of Shares |
|---|---|---|---|
| Pre-Split | 500 | $2 | $1,000 |
| Post-Split | 100 | $10 | $1,000 |
For illustrative purposes only
The following table shows the effect of a hypothetical 1:10 reverse split:
| Period | Number of Shares Owned | Hypothetical NAV per Share | Value of Shares |
|---|---|---|---|
| Pre-Split | 1,000 | $1 | $1,000 |
| Post-Split | 100 | $10 | $1,000 |
For illustrative purposes only
Grayscale Bitcoin Mini Trust ETF and Grayscale Ethereum Mini Trust ETF (collectively the “Funds”) are not registered under the Investment Company Act of 1940 (the “1940 Act”) and therefore are not subject to the same regulations and protections as 1940 Act registered ETFs and mutual funds.
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