Company: GBTC
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029408
Chunk: 381

Company: Grayscale Bitcoin Trust ETF
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 381
---
 and Accounting Officer)*

    By:
    /s/ Mark Shifke 

    Name:
    Mark Shifke

    Title:
    Chairman of the Board of DirectorsDirector*

    By:
    /s/ Matthew Kummell 

    Name:
    Matthew Kummell

    Title:
    Member of the Board of DirectorsDirector*

Date: February 27, 2025

*	The Registrant is a trust and the persons are signing in their capacities as officers of Grayscale Operating, LLC, the sole member of Grayscale Investments Sponsors, LLC, the Sponsor of the Registrant, or directors of GSO Intermediate Holdings Corporation, the sole managing member of Grayscale Operating, LLC, as applicable. 

117

INDEX TO FINANCIAL STATEMENTS 

    Page  

    Grayscale Bitcoin Trust ETF Annual Financial Statements

    Reports of Independent Registered Public Accounting Firms (KPMG LLP, PCAOB ID 185, Marcum LLP, PCAOB ID 688)
    F-2

    Statements of Assets and Liabilities at December 31, 2024 and 2023
    F-6

    Schedules of Investment at December 31, 2024 and 2023
    F-7

    Statements of Operations for the Years Ended December 31, 2024, 2023 and 2022
    F-8

    Statements of Changes in Net Assets for the Years Ended December 31, 2024, 2023 and 2022
    F-9

    Statement of Cash Flows for the Year Ended December 31, 2024
    F-10

    Notes to Financial Statements
    F-11

F-1

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 

To the Shareholders and Sponsor of 

Grayscale Bitcoin Trust ETF:

Opinion on the Financial Statements 

We have audited the accompanying statement of assets and liabilities, including the schedule of investment of Grayscale Bitcoin Trust ETF (the Trust) as of December 31, 2024, and the related statements of operations, changes in net assets, and cash flows for the year then ended, and the related notes (collectively, the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Trust as of December 31, 2024, and the results of its operations, changes in its net assets, and its cash flows for the year then ended,