Company: GBTC
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029408
Chunk: 250

Company: Grayscale Bitcoin Trust ETF
Filing Date: 2025-02-28
Form: 10-K
Item: Item 5
Chunk 250
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. Records of the Sponsor’s officers’ personal trading accounts will not be available for inspection by shareholders. 

Item 14. Principal Accountant Fees and Services 

Fees for services performed by KPMG LLP (“KPMG”), for the year ended December 31, 2024, and Marcum LLP (“Marcum”), for the year ended December 31, 2023.

    Years Ended December 31,

    2024

    2023

    Audit fees
     
    $
    286,000

    $
    350,303

    Total
     
    $
    286,000

    $
    350,303

In the table above, in accordance with the SEC’s definitions and rules, Audit Fees are fees paid to KPMG, and previously Marcum, for professional services for the audit of the Trust’s financial statements included in the annual report on Form 10-K and review of financial statements included in the quarterly reports on Form 10-Q, and for services that are normally provided by the accountants in connection with regulatory filings or engagements. 

Pre-Approved Policies and Procedures 

The Trust has no board of directors, and as a result, has no audit committee or pre-approval policy with respect to fees paid to its principal accounting firm. Such determinations, including for the fiscal year ended December 31, 2024, are made by the Sponsor’s Board of Directors and Audit Committee. From and after January 1, 2025, such determinations are made by the Board of Directors of GSOIH and the Audit Committee of GSIS.

106

PART IV 

Item 15. Exhibits and Financial Statements Schedules 

1.	Financial Statements 

See Index to Financial Statements on Page F-1 for a list of the financial statements being filed herein. 

2.	Financial Statement Schedules 

Schedules have been omitted since they are either not required, not applicable, or the information has otherwise been included. 

3.	Exhibits 

    ExhibitNumber 
    Exhibit Description 

    4.1
    Seventh Amended and Restated Declaration of Trust and Trust Agreement (incorporated by reference to Exhibit 4.1 of the Form 8-K filed by the Registrant on March 18, 2024).

    4.2
    Amendment No. 1 to the Seventh Amended and Restated Declaration of Trust and Trust Agreement (incorporated by reference to Exhibit 4