Grayscale Bitcoin Mini Trust (BTC) Sample Contracts

TRANSFER AGENCY AND SERVICE AGREEMENT
Transfer Agency and Service Agreement • May 8th, 2024 • Grayscale Bitcoin Mini Trust (BTC) • Commodity contracts brokers & dealers

THIS AGREEMENT is made as of the 17th day of April, 2024, by and between GRAYSCALE BITCOIN MINI TRUST (BTC) (hereinafter the “Trust”), a Delaware trust, having its principal office and place of business at 290 Harbor Drive, Stamford, CT 06902 and THE BANK OF NEW YORK MELLON, a New York corporation authorized to do a banking business having its principal office and place of business at 240 Greenwich Street, New York, New York 10286 (the “Bank”).

FUND ADMINISTRATION AND ACCOUNTING AGREEMENT
Fund Administration and Accounting Agreement • May 8th, 2024 • Grayscale Bitcoin Mini Trust (BTC) • Commodity contracts brokers & dealers • New York

THIS AGREEMENT is made as of April 17, 2024 by and between Grayscale Bitcoin Mini Trust (BTC) (hereinafter the “Trust”), a Delaware trust, having its principal office and place of business at 290 Harbor Drive, Stamford, CT 06902 and The Bank of New York Mellon, a New York corporation authorized to do a banking business (“BNY Mellon”).

Certain confidential information contained in this document, marked by [***], has been omitted because the registrant has determined that the information (i) is not material and (ii) is the type that the registrant treats as private or confidential....
Fund Administration and Accounting Agreement • October 9th, 2025 • Grayscale Bitcoin Mini Trust ETF • Commodity contracts brokers & dealers • New York

THIS AGREEMENT is made as of October 9, 2025, by and between each entity listed on Exhibit A attached hereto (each a “Trust”, and collectively the “Trusts” as applicable), separately and not jointly, and The Bank of New York Mellon, a New York corporation authorized to do a banking business (“BNY”).

AMENDMENT No. 6 TO MASTER LICENSE AGREEMENT
Master License Agreement • February 28th, 2025 • Grayscale Bitcoin Mini Trust ETF • Commodity contracts brokers & dealers

This Amendment No. 6 (this “Amendment No. 6”) is effective as of March 1, 2025 (the “Amendment No. 6 Effective Date”) by and between CoinDesk Indices, Inc., a Delaware corporation, having its principal place of business at 169 Madison Ave, Suite 2635, New York, NY 10016 (“CDI”), and Grayscale Investments Sponsors, LLC, a Delaware limited liability company, with an office located at 290 Harbor Drive, Stamford, CT 06902 (“Licensee”). Unless otherwise defined herein, capitalized terms used herein have the meanings specified in or pursuant to the Agreement (defined below).

MARKETING AGENT AGREEMENT
Marketing Agent Agreement • July 24th, 2024 • Grayscale Bitcoin Mini Trust (BTC) • Commodity contracts brokers & dealers • New York

THIS AGREEMENT is made and entered into as of this 14th day of May, 2024, (“Effective Date”) by Grayscale Investments, LLC, as sponsor of the Grayscale Bitcoin Mini Trust (BTC), a Delaware limited liability company (the “Sponsor”), and Foreside Fund Services, LLC, a Delaware limited liability company (“Foreside”).

MASTER SERVICES AGREEMENT
Master Services Agreement • February 25th, 2026 • Grayscale Bitcoin Mini Trust ETF • Commodity contracts brokers & dealers • Delaware

THIS MASTER SERVICES AGREEMENT (“Agreement”) is made as of the latest date set forth on the signature page hereto (the “Effective Date”) by and between Coin Metrics Inc., a Delaware corporation (“CM”) and Grayscale Investments, LLC. Customer and CM are individually hereinafter referred to as a “Party” and collectively as the “Parties”. This Agreement incorporates by reference the Order Forms issued hereunder.

AUTHORIZED PARTICIPANT AGREEMENT
Authorized Participant Agreement • May 8th, 2024 • Grayscale Bitcoin Mini Trust (BTC) • Commodity contracts brokers & dealers • New York

The undersigned does hereby certify that the persons listed above have been duly authorized to act as Authorized Representatives pursuant to the Authorized Participant Agreement.

LIQUIDITY PROVIDER AGREEMENT
Liquidity Provider Agreement • May 5th, 2026 • Grayscale Bitcoin Mini Trust ETF • Commodity contracts brokers & dealers • New York

LIQUIDITY PROVIDER AGREEMENT (this “Agreement”) dated as of [ ], among: (i) [ ] (the “Liquidity Provider”); (ii) Grayscale Investments Sponsors, LLC, except as otherwise specified herein, acting in its capacity as sponsor (the “Sponsor”) of each trust listed on Schedule I attached hereto, as the same may be amended from time to time by the Sponsor (each, the applicable “Trust” or “Product” when referred to throughout the remainder of this Agreement) created under Delaware law pursuant to its applicable declaration of trust and trust agreement listed on Schedule I attached hereto between the Delaware Trust Company acting in its capacity as Trustee (the “Trustee”) and the Sponsor (each, the applicable “Trust Agreement” when referred to throughout the remainder of this Agreement), or is a Cayman Islands limited liability company created pursuant to a limited liability company agreement between the Sponsor and the shareholders of such Product (the “LLC Agreement”) and in its capacity as th

Certain confidential information contained in this document, marked by [***], has been omitted because the registrant has determined that the information (i) is not material and (ii) is the type that the registrant treats as private or confidential....
Master Custody Service Agreement • September 26th, 2025 • Grayscale Bitcoin Mini Trust ETF • Commodity contracts brokers & dealers • New York

This MASTER CUSTODY SERVICE AGREEMENT (“Agreement”) is made and entered into as of the Effective Date provided herein, by and between Anchorage Digital Bank N.A. (“Anchorage”), and each Client as provided herein (each a “Client”) (collectively, Anchorage and Client, each a “Party” and collectively, the “Parties”). Each Client, acting through Grayscale Investment Sponsors, LLC, the Sponsor of each investment vehicle (the “Sponsorˮ), severally and not jointly enters into this Agreement with Anchorage. This Agreement shall constitute separate agreements, each between a single Client and Anchorage, as if such Client had executed a separate Agreement naming only itself as the Client, and no Client shall have any liability for the obligations of any other Client. Any reference to "Agreement" shall be construed to refer to the respective Agreement between a Client and Anchorage.

SECOND AMENDMENT TO MASTER CUSTODY SERVICE AGREEMENT
Master Custody Service Agreement • September 26th, 2025 • Grayscale Bitcoin Mini Trust ETF • Commodity contracts brokers & dealers

This SECOND AMENDMENT (the “Amendment”) to the Master Custody Service Agreement, dated August 8, 2025 (the “Agreement”), is made on September 25, 2025 (“Amendment Effective Date”), by and between Anchorage Digital Bank N.A. (formerly Anchorage Trust Company, herein “Anchorage”) and each entity listed on the Order Form of the Agreement (each a “Client”) (Anchorage and Client, collectively, the “Parties”).

AUTHORIZED PARTICIPANT AGREEMENT
Authorized Participant Agreement • February 6th, 2026 • Grayscale Bitcoin Mini Trust ETF • Commodity contracts brokers & dealers • New York

The undersigned does hereby certify that the persons listed above have been duly authorized to act as Authorized Representatives pursuant to the Authorized Participant Agreement.

AMENDMENT NO. 1 TO THE AMENDED AND RESTATED DECLARATION OF TRUST AND TRUST AGREEMENT
Declaration of Trust and Trust Agreement • November 4th, 2024 • Grayscale Bitcoin Mini Trust ETF • Commodity contracts brokers & dealers • Delaware

This AMENDMENT NO. 1 (THE “AMENDMENT”) TO THE AMENDED AND RESTATED DECLARATION OF TRUST AND TRUST AGREEMENT of GRAYSCALE BITCOIN MINI TRUST (BTC) (the “Trust”) is made and entered into as of November 4, 2024, by and among GRAYSCALE INVESTMENTS, LLC, a Delaware limited liability company, CSC DELAWARE TRUST COMPANY (formerly Delaware Trust Company), a Delaware corporation, as trustee, and the SHAREHOLDERS from time to time hereunder.

Master Index License Agreement
Master Index License Agreement • May 8th, 2024 • Grayscale Bitcoin Mini Trust (BTC) • Commodity contracts brokers & dealers • New York

This Master Index License Agreement (the “Agreement”) is made as of January 31, 2022 (the “Effective Date”), by and between CoinDesk Indices, Inc. (formerly known as TradeBlock Inc.), a Delaware corporation, having its principal place of business at 250 Park Avenue South, 2nd Floor, New York, NY 10003 (“TradeBlock”); and Grayscale Investments, LLC, a Delaware limited liability company, having its principal place of business at 290 Harbor Drive, Stamford, CT 06902 (“Licensee”), acting as the sponsor or manager of the investment funds listed on Exhibit A attached hereto (each, an “Entity”, and collectively the “Entities”). TradeBlock and Licensee are each referred to herein as a “Party” and collectively as the “Parties.”

Certain confidential information contained in this document, marked by [***], has been omitted because the registrant has determined that the information (i) is not material and (ii) is of the type that the registrant treats as private or...
Master License Agreement • May 8th, 2024 • Grayscale Bitcoin Mini Trust (BTC) • Commodity contracts brokers & dealers

This Amendment No. 1 (this “Amendment”) is made as of June 20, 2023 (the “Effective Date”) by and between CoinDesk Indices, Inc., a Delaware corporation, having its principal place of business at 250 Park Avenue South, 2nd Floor, New York, NY 10003 (“CDI”), and Grayscale Investments, LLC, a Delaware limited liability company, with an office located at 290 Harbor Drive, Stamford, CT 06902 (“Licensee”). Unless otherwise defined herein, capitalized terms used herein have the meanings specified in or pursuant to the Agreement (defined below).