SCHEDULE A to the SUB-ADVISORY AGREEMENT Dated May 9, 2024 by and among GRAYSCALE ADVISORS, LLC GRAYSCALE FUNDS TRUST and VIDENT ADVISORY, LLC D/B/A VIDENT ASSET MANAGEMENT as amended and restated April 25, 2025

GRAYSCALE FUNDS TRUST 485BPOS

Exhibits 99.(d)(iv)

SCHEDULE A 

to the 

SUB-ADVISORY AGREEMENT 

Dated May 9, 2024 

by and among 

GRAYSCALE ADVISORS, LLC 

GRAYSCALE FUNDS TRUST 

and 

VIDENT ADVISORY, LLC D/B/A VIDENT ASSET MANAGEMENT

as amended and restated April 25, 2025

The Adviser will pay to the Sub-Adviser as compensation for the Sub-Adviser’s services rendered, a fee, computed daily at an annual rate based on the based on the greater of (1) the minimum fee or (2) daily net assets of the respective Fund in accordance with the following fee schedule:

Fund	Minimum Fee	Asset Level	Effective Date
Grayscale Privacy ETF	$30,000	0.055% on the first $250 million in assets, 0.045% on the next $250 million in assets, and 0.035% on all assets thereafter.	October 24, 2024
Grayscale Bitcoin Miners ETF	$30,000	0.055% on the first $250 million in assets, 0.045% on the next $250 million in assets, and 0.035% on all assets thereafter.	January 27, 2025
Grayscale Bitcoin Covered Call ETF	$65,000	0.055% on the first $250 million in assets, 0.045% on the next $250 million in assets, and 0.035% on all assets thereafter	March 31, 2025
Grayscale Bitcoin Premium Income ETF	$65,000	0.055% on the first $250 million in assets, 0.045% on the next $250 million in assets, and 0.035% on all assets thereafter	March 31, 2025
Grayscale Bitcoin Adopters ETF	$40,000	0.055% on the first $250 million in assets, 0.045% on the next $250 million in assets, and 0.035% on all assets thereafter	April 23, 2025
Grayscale Ethereum Covered Call ETF	$65,000	0.055% on the first $250 million in assets, 0.045% on the next $250 million in assets, and 0.035% on all assets thereafter	April 25, 2025
Grayscale Ethereum Premium Income ETF	$65,000	0.055% on the first $250 million in assets, 0.045% on the next $250 million in assets, and 0.035% on all assets thereafter	April 25, 2025