# EDGAR Filing Document

**Accession Number:** 0001976672
**File Stem:** 0002061590-25-000120
**Filing Date:** 2025-7
**Character Count:** 3148
**Document Hash:** c800162fc26331d1250685a85111e222
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002061590-25-000120.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0002061590-25-000120

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**EFFECTIVENESS DATE**: 20250725

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Grayscale Funds Trust
- **CENTRAL INDEX KEY:** 0001976672

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-271770
- **FILM NUMBER:** 251151694

**BUSINESS ADDRESS:**
- **STREET 1:** 290 HARBOR DRIVE, 4TH FLOOR
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902
- **BUSINESS PHONE:** 1-212-668-1427

**MAIL ADDRESS:**
- **STREET 1:** 290 HARBOR DRIVE, 4TH FLOOR
- **CITY:** STAMFORD
- **STATE:** CT
- **ZIP:** 06902

## Series and Classes Contracts Data

### Grayscale Bitcoin Covered Call ETF (Series ID: S000084446)

---

|  |  |  |
|:---|:---|:---|
| Class Name                         | Ticker Symbol | Class ID   |
| Grayscale Bitcoin Covered Call ETF | BTCC          | C000248829 |

---

### Grayscale Bitcoin Premium Income ETF (Series ID: S000090980)

---

|  |  |  |
|:---|:---|:---|
| Class Name                           | Ticker Symbol | Class ID   |
| Grayscale Bitcoin Premium Income ETF | BPI           | C000258369 |

---

## Series and Classes Contracts Data

### Grayscale Bitcoin Covered Call ETF (Series ID: S000084446)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000248829 | Grayscale Bitcoin Covered Call ETF | BTCC            |

### Grayscale Bitcoin Premium Income ETF (Series ID: S000090980)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000258369 | Grayscale Bitcoin Premium Income ETF | BPI             |

#### GRAYSCALE FUNDS TRUST

#### SUPPLEMENT DATED JULY 25, 2025 TO THE SUMMARY PROSPECTUS AND PROSPECTUS OF EACH FUND LISTED IN SCHEDULE A

#### For each of the funds listed in Schedule A :

#### The following disclosure replaces and supersedes the corresponding disclosure in each fund's Summary Prospectus and Prospectus in the section titled "Principal Investment Strategy":
&nbsp;&nbsp;&nbsp;&nbsp;• The Fund intends to make bi-weekly distribution payments to shareholders.

#### The following disclosure replaces and supersedes the corresponding disclosure in each fund's Prospectus in the section titled "Dividends and Distributions":
&nbsp;&nbsp;&nbsp;&nbsp;• The Fund intends to pay out dividends from net investment income, if any, bi-weekly and distribute any net realized capital gains to its shareholders at least annually.

---

| | |
|:---|:---|
| **<u>SCHEDULE A</u>** | **<u>SCHEDULE A</u>** |
| **<u>Fund</u>** | **<u>Date of Summary Prospectus and Prospectus</u>** |
| Grayscale Bitcoin Covered Call ETF | March 31, 2025 (Prospectus) |
|  | April 1, 2025 (Summary Prospectus) |
| Grayscale Bitcoin Premium Income ETF | March 31, 2025 (Prospectus) |
|  | April 1, 2025 (Summary Prospectus) |

---

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