BITCOIN CUSTODIAL AGREEMENT August 7, 2015 among Bitcoin Investment Trust, Grayscale Investments LLC, and Xapo, Inc.Bitcoin Custodial Agreement • February 25th, 2019 • Grayscale Bitcoin Trust (BTC) • Commodity contracts brokers & dealers • New York
This AGREEMENT (the “Agreement”) is entered into as of this 7th day of August, 2015 among Bitcoin Investment Trust, a Delaware statutory trust (the “Trust”), Grayscale Investments LLC, a Delaware Limited Liability Company, as sponsor to the Trust (the “Sponsor”), and Xapo, Inc., a Delaware corporation (“Xapo”). This Agreement sets forth the terms and conditions pursuant to which Xapo is to act as a custodian for bitcoins for Account Holder.
