ISHARES BITCOIN TRUST ETF

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

Gladstone Institutional Advisory LLC's Holding History (CIK: 0001766530)

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

Q4 2025
Shares 39,127 Value ($000) $1,943 Avg Close — Range —
Q3 2025
Shares 31,910 Value ($000) $2,074 Avg Close — Range —
Q2 2025
Shares 29,139 Value ($000) $1,784 Avg Close — Range —
Q1 2025
Shares 15,806 Value ($000) $740 Avg Close — Range —
Q4 2024
Shares 8,524 Value ($000) $452 Avg Close — Range —