9. Subsequent Events

On May 13, 2025, and August 6, 2025 the Sponsor filed amendments to the Form S-1 with the SEC, filed on February 14, 2025, to register the Units of the Trust under the Securities Act of 1933.

As of the close of business on August 4, 2025, the fair value of Bitcoin determined in accordance with the Trust’s accounting policy was $114,747 per Bitcoin.

There are no events that have occurred after March 31, 2025 through August 6, 2025, the date the financial statements were available to be issued, that require disclosure other than that which has already been disclosed in these notes to the financial statements.

9. Subsequent Events

On February 14, 2025, the Sponsor filed with the SEC a draft registration statement on Form S-1 (the “Form S-1”) to register the Units of the Trust under the Securities Act of 1933. On May 13, 2025, and August 6, 2025, the Sponsor filed with the SEC amendments to the Form S-1.

As of the close of business on August 4, 2025, the fair value of Bitcoin determined in accordance with the Trust’s accounting policy was $114,747 per Bitcoin.

There are no events that have occurred after December 31, 2024, through August 6, 2025, the date the financial statements were available to be issued, that require disclosure other than that which has already been disclosed in these notes to the financial statements.