GRAYSCALE FUNDS TRUST

Ticker: BTCC CUSIP: 38963H305 Class: BITCOIN COVERED

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (4)

CITADEL ADVISORS LLC
Value ($000) $451 Shares 20,960
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $339 Shares 15,749
Financial Management Professionals, Inc.
Value ($000) $4 Shares 200
WELLS FARGO & COMPANY/MN
Value ($000) $0 Shares 1

Increased Positions (5)

OLD MISSION CAPITAL LLC
Value ($000) $1,213 (+227.1%) Shares 56,409 (+372.0%)
L & S Advisors Inc
Value ($000) $343 (-3.1%) Shares 15,966 (+39.8%)
JANE STREET GROUP, LLC
Value ($000) $691 (-13.3%) Shares 32,126 (+25.0%)
OSAIC HOLDINGS, INC.
Value ($000) $1 (-20.0%) Shares 52 (+15.6%)
Cambridge Investment Research Advisors, Inc.
Value ($000) $0 (-15.6%) Shares 15,593 (+21.8%)

Decreased Positions (3)

MADDEN SECURITIES Corp
Value ($000) $5,221 (-50.9%) Shares 242,857 (-29.1%)
UBS Group AG
Value ($000) $21 (-62.6%) Shares 959 (-46.1%)
CWM, LLC
Value ($000) $0 (-84.6%) Shares 765 (-77.3%)

Exited Positions (2)

Pasadena Private Wealth, LLC
Value ($000) $363 Shares 11,696
HRT FINANCIAL LP
Value ($000) $0 Shares 6,681