AMENDMENT NO. 4 TO THE MARKETING AGENT AGREEMENT
This AMENDMENT No. 4 TO THE MARKETING AGENT AGREEMENT (the “Amendment”) dated as of November 5, 2026 (the “Effective Date”), is entered into by and between: (i) Foreside Fund Services, LLC, a Delaware limited liability company (“Foreside”); and (ii) Grayscale Investments Sponsors, LLC, acting in its capacity as sponsor (the “Sponsor”) of each entity listed on Exhibit A attached hereto (each, a “Trust”), as the same may be amended from time to time, (the “Parties”).
R E C I T A L S
WHEREAS, the Parties have entered into that certain Marketing Agent Agreement, dated as of October 22, 2025 (the “Original Agreement”);
WHEREAS, the Parties desire to amend the Original Agreement, pursuant to Section 13. Modifications, with such amendment to be effective immediately as of the date hereof; and
NOW, THEREFORE, in consideration of the mutual agreement as set forth herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby mutually acknowledged, the Parties hereby have mutually agreed to amend the Original Agreement as set forth below.
SECTION 1. Section 3(a)(v) is hereby deleted in its entirety.
SECTION 2. A new Section 4(f) is added as follows:
“Notwithstanding anything to the contrary in the Agreement, Foreside shall have no obligation to review, approve, or file with FINRA any marketing materials used by or on behalf of the Sponsor (collectively, “Marketing Materials”). The Sponsor shall be solely responsible for engaging a qualified third party to provide such review, approval, and filing services with respect to the Marketing Materials (the “Advertising Review and Filing Agent”).
Furthermore, in such Marketing Materials, in the Sponsor’s sole discretion, disclosure in the form of the following shall be used to indicate the Marketing Agent’s role and such qualified third party’s role, ‘Foreside Fund Services, LLC is Marketing Agent and Grayscale Securities, LLC is Advertising Review and Filing Agent for the Fund’.”
SECTION 3. The following is added to the end of Section 8(a):
“or (iv) the Marketing Materials, including the content, distribution, use, or filing thereof.”
SECTION 4. Exhibit A of the Original Agreement is hereby deleted in its entirety and replaced by Exhibit A attached hereto.
SECTION 5. Appendix I of the Original Agreement is hereby deleted in its entirety and replaced by Exhibit B attached hereto.
SECTION 6. This Amendment may be executed in one or more counterparts (including those by facsimile or other electronic means), all of which shall constitute one and the same instrument