Company: BTC
Filing Date: 2025-04-01
Form Type: POS AM
Source: 0001193125-25-070549
Chunk: 20

Company: Grayscale Bitcoin Mini Trust ETF
Filing Date: 2025-04-01
Form: POS AM
Chunk 20
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 hoc or temporary basis, will file a 
 proposed rule change with the SEC.                                                                                                                                                                                                             |

| Digital Asset Trading Platform Public Market Data |

| On each online Digital Asset Trading Platform, Bitcoin is traded with publicly disclosed valuations for each executed trade, measured by one or more fiat currencies such as the U.S. dollar or euro, or stablecoins such 
 as U.S. Dollar Coin (“USDC”). Over-the-counter dealers or market makers do not typically disclose their trade data.                                                                                                       |

| Bitstamp: A U.K.-based trading platform registered as a money services business (“MSB”) with the Financial Crimes Enforcement Network (“FinCEN”) and licensed as a virtual currency business 
 under the New York State Department of Financial Services (“NYDFS”) BitLicense, as well as a money transmitter in various U.S. states.                                                       |

8

| Bullish: A Gibraltar-based trading platform registered as an MSB with FinCEN. Bullish is not available to U.S. based customers. Bullish is categorized by the Index Provider as a “Category 2” trading 
 platform which meets the Inclusion Criteria outlined below but is non-U.S. licensed.                                                                                                                   |

| Coinbase: A U.S.-based trading platform registered as an MSB with FinCEN and licensed as a virtual currency business under the NYDFS BitLicense, as well as a money transmitter in various U.S. states. |

| Crypto.com: A Singapore-based trading platform registered as an MSB with FinCEN and licensed as a money transmitter in various U.S. states. Crypto.com does not hold a BitLicense. |

| LMAX Digital: A U.K.-based trading platform registered as a broker with the Financial Conduct Authority (“FCA”). LMAX Digital does not hold a BitLicense. |

| Digital Asset Trading Platforms included in the Index as 
 of                                                       
 December 31, 2024(1)                                     |     | Volume 
 (BTC)  |           |     | Market   
 Share(2) |       |   |
| Crypto.com                                               |     |        | 2,911,035 |     |          | 45.69 | % |
| Coinbase                                                 |     |        | 1,883,691 |     |          | 29.57 | % |
| Bitstamp                                                 |     |        |   355,714 |     |          |  5.58 | % |
| Kraken                                                   |     |        |   346,569 |     |