Common use of Redemption of Creation Baskets Clause in Contracts

Redemption of Creation Baskets. The following procedures, except to the extent otherwise provided in the Authorized Participant Agreement for each Authorized Participant, which may be amended from time to time in accordance with the provisions of such Authorized Participant Agreement (and any such amendment shall not constitute an amendment of this Trust Agreement), apply to the redemption of Creation Baskets.

Appears in 3 contracts

Samples: Trust Agreement (VanEck Ethereum ETF), Declaration of Trust and Trust Agreement (VanEck Bitcoin Trust), Declaration of Trust and Trust Agreement (VanEck Bitcoin Trust)

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Redemption of Creation Baskets. The following procedures, except to the extent otherwise provided in the Authorized Participant Agreement for each Authorized Participant, which may be amended from time to time in accordance with the provisions of such Authorized Participant Agreement (and any such amendment shall not constitute an amendment of this Trust Agreement), apply to the redemption of Creation Redemption Baskets.

Appears in 2 contracts

Samples: Declaration of Trust and Trust Agreement (Bitwise Ethereum ETF), Declaration of Trust and Trust Agreement (Bitwise Bitcoin ETF)

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