ISHARES BITCOIN TRUST ETF

Ticker: IBIT CUSIP: 46438F101 Class: Exchange Traded Fund

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

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

Q4 2025
Shares 1,547,855 Value ($000) $76,851 Avg Close — Range —
Q3 2025
Shares 2,312,412 Value ($000) $150,307 Avg Close — Range —
Q2 2025
Shares 2,555,708 Value ($000) $156,435 Avg Close — Range —
Q1 2025
Shares 2,211,852 Value ($000) $103,537 Avg Close — Range —
Q4 2024
Shares 2,347,889 Value ($000) $124,556 Avg Close — Range —
Q3 2024
Shares 3,827,189 Value ($000) $138,276 Avg Close — Range —
Q2 2024
Shares 2,757,896 Value ($000) $94,155 Avg Close — Range —
Q1 2024
Shares 2,440,463 Value ($000) $98,766 Avg Close — Range —