# Grayscale Bitcoin Premium Income ETF — new fund registration

Grayscale Funds Trust registered fund series on Form 485APOS, filed 2025-03-31. Featured series: Grayscale Bitcoin Premium Income ETF.

## Registration

- Registrant / trust: Grayscale Funds Trust
- CIK: 0001976672
- Form: 485APOS
- Filed: 2025-03-31
- State of incorporation: DE
- Accession: 0001999371-25-003403
- Reported net assets: $3.0M

## Series & classes (1)

| Series | Class | Ticker | New |
| --- | --- | --- | --- |
| [Grayscale Bitcoin Premium Income ETF](https://search.stillhousedata.com/fund/S000090980) | Grayscale Bitcoin Premium Income ETF | BPI | — |

## Fees (from the effective prospectus)

- Gross expense ratio: 0.65%
- Management fee: 0.65%
- Other expenses: 0.00%

## Investment objective

The Grayscale Bitcoin Premium Income ETF (the Fund) seeks to provide current income while maintaining prospects for capital appreciation through the use of options on Bitcoin exchange -traded products whose investment objectives are to, before fees and expenses, track the price performance of Bitcoin. The Bitcoin exchange -traded products include, but are not limited to, Grayscale Bitcoin Trust ETF (Ticker: GBTC) and Grayscale Bitcoin Mini Trust ETF (Ticker: BTC) (the Bitcoin ETPs). There can be no assurance that the Fund will achieve its investment objective.

## Advisers

- [Grayscale Advisors, LLC (Advisor)](https://search.stillhousedata.com/firm/314868)
- [Vident Asset Management (Subadvisor)](https://search.stillhousedata.com/firm/286622)

## Other filings by this registrant (15)

- [485APOS — 2026-07-15](https://search.stillhousedata.com/launch/0001213900-26-078237)
- [485APOS — 2026-06-18 (1 new series)](https://search.stillhousedata.com/launch/0001213900-26-070167)
- [485APOS — 2025-07-21 (1 new series)](https://search.stillhousedata.com/launch/0001213900-25-066181)
- [485APOS — 2025-05-29 (1 new series)](https://search.stillhousedata.com/launch/0002061590-25-000080)
- [485APOS — 2025-05-01 (1 new series)](https://search.stillhousedata.com/launch/0002061590-25-000058)
- [485APOS — 2025-03-31](https://search.stillhousedata.com/launch/0001999371-25-003498)
- [485APOS — 2025-03-31](https://search.stillhousedata.com/launch/0001999371-25-003402)
- [485APOS — 2025-03-31](https://search.stillhousedata.com/launch/0001999371-25-003493)
- [485APOS — 2025-03-11 (1 new series)](https://search.stillhousedata.com/launch/0001680359-25-000140)
- [485APOS — 2025-01-24 (1 new series)](https://search.stillhousedata.com/launch/0001680359-25-000041)
- [485APOS — 2025-01-24 (1 new series)](https://search.stillhousedata.com/launch/0001680359-25-000043)
- [485APOS — 2024-12-23 (1 new series)](https://search.stillhousedata.com/launch/0001680359-24-000460)

## More

- [Registrant profile: Grayscale Funds Trust](https://search.stillhousedata.com/registrant/1976672)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/launch/0001999371-25-003403.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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