Form 424B3 - Prospectus [Rule 424(b)(3)]
29 Novembre 2024 - 12:30PM
Edgar (US Regulatory)
false
424B3
0001850391
0001850391
2024-11-20
2024-11-20
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
xbrli:pure
Filed
Pursuant to Rule 424(b)(3)
Registration
Statement No. 333-254134
Dated
November 28, 2024
PROSPECTUS SUPPLEMENT NO.
4
(to the
Prospectus dated January 10, 2024, as amended February 1, 2024)
Common Shares of Beneficial Interest
This prospectus supplement (the “Supplement
No. 4”) supplements and amends the prospectus dated January 10, 2024, as amended February 1, 2024 (the “Prospectus”)
for the WisdomTree Bitcoin Fund (the “Trust”). Supplement No. 4 is being filed to include the information contained in our
Current Report on Form 8-K, filed with the Securities and Exchange Commission on November 26, 2024 (the “Form 8-K”). On
November 20, 2024, the Trust entered into the following agreements with the Bank of New York Mellon (“BNY Mellon”):
| - | A Custody Agreement (the “Custody Agreement”), pursuant to which BNY Mellon will act as a custodian of certain assets
of the Trust. |
| - | A Fund Administration and Accounting Agreement (the “FAA Agreement”), pursuant to which BNY Mellon will provide certain
accounting, administrative, legal, financial reporting, and other services for the maintenance and operations of the Trust. |
| - | A Transfer Agency and Service Agreement (the “TA Agreement”), pursuant to which BNY Mellon will provide certain transfer
agency services associated with receiving and processing creation and redemption orders and matters related to the transfer of the Trust’s
shares. |
Each of the Custody Agreement, the FAA Agreement
and the TA Agreement (collectively, the “Agreements”) will be subject to an initial three-year term that will automatically
renew for additional one-year terms unless either party provides written notice of termination at least ninety days prior to the end of
the initial term or any then-effective renewal term. Accordingly, Form 8-K is attached to this Supplement
No. 4. This Supplement No. 4 should be read together with the Prospectus.
Shares of the Trust are listed
on Cboe BZX Exchange, Inc. under the symbol “BTCW.”
Investing in the Shares
involves significant risks. See “RISK FACTORS” starting on page 12 of the Prospectus.
These securities have not
been approved or disapproved by the Securities and Exchange Commission or any state securities commission nor has the Securities and Exchange
Commission passed upon the adequacy or accuracy of the Prospectus or this Prospectus Supplement. Any representation to the contrary is
a criminal offense.
The Trust is not a mutual
fund or any other type of investment company within the meaning of the Investment Company Act of 1940, as amended, and is not subject
to regulation thereunder.
The
date of this Prospectus Supplement No. 4 is November 28, 2024.
PLEASE
RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
November 20, 2024
WISDOMTREE BITCOIN FUND
(Exact name of registrant as specified in its charter)
Delaware |
|
1-03480 |
|
99-6119726 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification No.) |
250 West 34th Street, 3rd Floor
New York, New York 10119
(Address of principal executive offices, including
zip code)
(866) 909-9473
(Registrant's telephone number, including area
code)
formerly WisdomTree Bitcoin Trust
(Former Name or Former Address, if Changed Since
Last Report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.
below):
¨ Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b)
of the Securities Exchange Act of 1934:
Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
Common
Shares of Beneficial Interest of WisdomTree Bitcoin Fund |
BTCW
|
Cboe BZX Exchange, Inc. |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):
Emerging growth company x
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act. ¨
Item 1.01. Entry into a Material Definitive Agreement.
On November 20, 2024, WisdomTree Bitcoin Fund (the “Trust”)
entered into the following agreements with the Bank of New York Mellon (“BNY Mellon”):
| - | A Custody Agreement (the “Custody Agreement”), a form of which is attached hereto as Exhibit 10.4, pursuant to which BNY
Mellon will act as a custodian of certain assets of the Trust. |
| - | A Fund Administration and Accounting Agreement (the “FAA Agreement”), a form of which is attached hereto as Exhibit 10.5,
pursuant to which BNY Mellon will provide certain accounting, administrative, legal, financial reporting, and other services for the maintenance
and operations of the Trust. |
| - | A Transfer Agency and Service Agreement (the “TA Agreement”), a form of which is attached hereto as Exhibit 10.6, pursuant to
which BNY Mellon will provide certain transfer agency services associated with receiving and processing creation and redemption orders
and matters related to the transfer of the Trust’s shares. |
Each of the Custody Agreement, the FAA Agreement and the TA Agreement
(collectively, the “Agreements”) will be subject to an initial three-year term that will automatically renew for additional
one-year terms unless either party provides written notice of termination at least ninety days prior to the end of the initial term or
any then-effective renewal term. Each of the foregoing descriptions of the Agreements are not complete and are qualified in their entirety
by reference to the full text of the Agreements described.
Item 9.01. Financial Statements and Exhibits.
|
|
|
Exhibit Number |
|
Description |
|
|
10.4 |
|
Custody Agreement, dated November 15, 2024, effective November 25, 2024 by and between the Trust and BNY Mellon. |
|
|
|
10.5 |
|
Fund Administration and Accounting Agreement, dated November 15, 2024, effective November 25, 2024 by and between the Trust and BNY Mellon. |
|
|
|
10.6 |
|
Transfer Agency and Service Agreement, dated November 15, 2024, effective November 25, 2024 by and between the Trust and BNY Mellon. |
|
|
|
104 |
|
Cover Page Interactive Data File (embedded within Inline XBRL document). |
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
|
WISDOMTREE BITCOIN FUND |
|
|
|
Date: November 26, 2024 |
By: |
/s/ Jeremy Schwartz |
|
|
Jeremy Schwartz |
|
|
Chief Executive Officer* |
*Registrant is a trust and the identified person signing this
report is signing in their capacity as an authorized officer of WisdomTree Digital Commodity Services, LLC, the Sponsor of
the registrant.
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