Common use of Calculation of Bitcoin Holdings Clause in Contracts

Calculation of Bitcoin Holdings. The Sponsor or its delegate shall calculate and publish the Trust’s Bitcoin Holdings on each Business Day as of 4:00 p.m., New York time, or as soon as practicable thereafter, as set forth in and in accordance with the Prospectus.

Appears in 2 contracts

Samples: Trust Agreement (Fidelity Wise Origin Bitcoin Fund), Trust Agreement (Valkyrie Bitcoin Fund)

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Calculation of Bitcoin Holdings. The Sponsor or its delegate shall calculate and publish the Trust’s Bitcoin Holdings on each Business Day as of 4:00 p.m., New York Eastern time, or as soon thereafter as practicable thereafterpracticable. In order to calculate the Bitcoin Holdings, as set forth in and in accordance with the Prospectus.Sponsor shall:

Appears in 1 contract

Samples: Trust Agreement (Bitcoin Investment Trust)

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Calculation of Bitcoin Holdings. The Sponsor or its delegate shall calculate and publish the Trust’s Bitcoin Holdings on each Business Day as of 4:00 p.m., New York time, or as soon as practicable thereafter. In order to calculate the Bitcoin Holdings, as set forth in and in accordance with the Prospectus.Sponsor shall:

Appears in 1 contract

Samples: Trust Agreement (Grayscale Bitcoin Trust (BTC))

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