MASTER PARTICIPANT AGREEMENTMaster Participant Agreement • February 25th, 2019 • Grayscale Bitcoin Trust (BTC) • Commodity contracts brokers & dealers • New York
This Annex A to the Master Participant Agreement (the “Master Participant Agreement”) supplements the Master Participant Agreement, the Memorandum and each Trust Agreement (as defined below) with respect to the procedures (the “Procedures”) to be used in processing (1) creation orders for the creation of one or more Baskets (as defined below) (“Creation Order”) of any Trust listed on Schedule I to the Master Participant Agreement (each, a “Trust”) or (2) redemption orders for the redemption of one or more Baskets (“Redemption Order”) of any Trust. Shares of a Trust may be created or redeemed only in aggregations of 100 Shares (each such aggregation, a “Basket”) of such Trust. Because the creation and redemption of Baskets involve the transfer of digital assets between the Authorized Participant and a Trust, certain processes relating to the underlying digital asset transfers are described below.
TRANSFER AGENCY AND SERVICE AGREEMENTService Agreement • February 25th, 2019 • Grayscale Bitcoin Trust (BTC) • Commodity contracts brokers & dealers • New York
THIS AGREEMENT made and entered into this day of September 25, 2013, by and among CONTINENTAL STOCK TRANSFER & TRUST COMPANY, hereinafter referred to as “the Agent”, Bitcoin Investment Trust (the “Trust”) and Alternative Currency Asset Management, LLC (the “Company”), as Sponsor of the Trust.
BITCOIN CUSTODIAL AGREEMENT August 7, 2015 among Bitcoin Investment Trust, Grayscale Investments LLC, and Xapo, Inc.Bitcoin Custodial Agreement • February 25th, 2019 • Grayscale Bitcoin Trust (BTC) • Commodity contracts brokers & dealers • New York
This AGREEMENT (the “Agreement”) is entered into as of this 7th day of August, 2015 among Bitcoin Investment Trust, a Delaware statutory trust (the “Trust”), Grayscale Investments LLC, a Delaware Limited Liability Company, as sponsor to the Trust (the “Sponsor”), and Xapo, Inc., a Delaware corporation (“Xapo”). This Agreement sets forth the terms and conditions pursuant to which Xapo is to act as a custodian for bitcoins for Account Holder.
TradeBlock Master Index License AgreementLicense Agreement • February 25th, 2019 • Grayscale Bitcoin Trust (BTC) • Commodity contracts brokers & dealers • New York
This Master Index License Agreement (the “Agreement”) is made as of the November 1, 2018 (the “Effective Date”) by and between TradeBlock, Inc., a Delaware corporation, having its principal place of business at 156 5th Ave, 7th Floor, New York, NY 10010 (“TradeBlock”) and Grayscale Investments, LLC, a Delaware limited liability company (“Company”) having a place of business at 250 Park Avenue South, New York, NY 10003 acting as Sponsor or Manager (the “Sponsor”) of the entities listed on Exhibit A hereto (the “Entities”) and supersedes any prior License Agreement between TradeBlock and the Company. Each of the parties hereto may be referred to herein collectively as the “Parties” or each, a “Party.”
