Financial Information for the Grayscale Products

GAAP and Non-GAAP Methodologies
The following table provides certain financial information for the Products using both GAAP and Non-GAAP Methodologies. Please see the applicable Product’s financial statements for additional information.

Private Placement Offering Price *

Secondary Market Price **

GAAP †

Product

Digital Asset Holdings

Holdings
Per Share

Symbol

Market Price Per Share

AUM

NAV
Per Share

Grayscale® Basic Attention Token Trust
$3,979,200
$6.89
BAT
$ --
$3,979,200
$6.89
Grayscale® Bitcoin Trust
$40,139,987,776
$57.97
BTC
$48.75
$39,491,055,635
$57.04
Grayscale® Bitcoin Cash Trust
$199,349,441
$5.73
BCH
$4.98
$197,626,994
$5.68
Grayscale® Chainlink Trust
$8,903,053
$2.85
LINK
$ --
$8,789,501
$2.82
Grayscale® Decentraland Trust
$14,700,760
$7.83
MANA
$ --
$14,503,148
$7.72
Grayscale® Ethereum Trust
$12,665,873,547
$40.84
ETH
$37.52
$12,463,739,067
$40.19
Grayscale® Ethereum Classic Trust
$681,723,794
$48.72
ETC
$27.35
$665,585,426
$47.56
Grayscale® Filecoin Trust
$6,119,702
$64.01
FIL
$ --
$6,198,800
$64.84
Grayscale® Horizen Trust
$54,639,077
$7.99
ZEN
$7.75
$53,560,051
$7.83
Grayscale® Litecoin Trust
$308,959,871
$17.96
LTC
$15.95
$302,991,757
$17.61
Grayscale® Livepeer Trust
$15,588,003
$25.54
LPT
$ --
$15,173,364
$24.86
Grayscale® Stellar Lumens Trust
$28,739,291
$34.85
XLM
$43.35
$28,514,158
$34.58
Grayscale® Zcash Trust
$54,821,262
$14.51
ZEC
$13.99
$55,269,076
$14.63
Grayscale® DeFi Fund
$12,464,879
$6.72
DeFi
$ --
$12,279,992
$6.62
Grayscale® Digital Large Cap Fund
$642,911,369
$40.52
DLC
$32.44
$632,905,151
$39.89

^ At close as of 10/22/2021

+Represents the applicable Product’s principal market price and is calculated using a GAAP methodology. For additional information, see the applicable Product’s financial statements.

*Represents the applicable Product’s private placement offering price and is calculated using a non-GAAP methodology. For additional information, see the applicable Product’s private placement memorandum and other offering documents.

** Represents the applicable Product’s secondary market price as quoted on OTC Markets and may trade at a significant premium or discount to the applicable Product’s NAV per Share and/or Digital Asset Holdings Per Share. For additional information, see the OTC Markets website.

*** Seeks to hold large cap digital assets that collectively comprise 70% of the entire digital asset market. For additional information, see the Grayscale Digital Large Cap product page.