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
$3,149,356
$5.74
BAT
$--
$3,203,655
$5.84
Grayscale® Bitcoin Trust
$24,828,419,898
$35.86
BTC
$33.75
$25,601,706,963
$36.98
Grayscale® Bitcoin Cash Trust
$150,470,485
$4.55
BCH
$10.3
$154,475,541
$4.67
Grayscale® Chainlink Trust
$5,273,353
$1.86
LINK
$--
$5,419,601
$1.91
Grayscale® Decentraland Trust
$12,890,931
$7.15
MANA
$--
$12,776,814
$7.09
Grayscale® Ethereum Trust
$7,295,585,296
$23.52
ETH
$21.85
$7,442,774,002
$24.00
Grayscale® Ethereum Classic Trust
$643,940,376
$46.02
ETC
$35.78
$640,369,087
$45.76
Grayscale® Filecoin Trust
$3,320,804
$50.47
FIL
$--
$3,341,669
$50.79
Grayscale® Horizen Trust
$34,877,135
$53.42
ZEN
$--
$35,962,120
$55.08
Grayscale® Litecoin Trust
$211,960,678
$12.49
LTC
$34.52
$212,755,647
$12.54
Grayscale® Livepeer Trust
$5,692,364
$12.63
LPT
$--
$6,071,854
$13.47
Grayscale® Stellar Lumens Trust
$19,781,206
$25.68
XLM
$--
$19,578,542
$25.41
Grayscale® Zcash Trust
$34,500,207
$9.56
ZEC
$--
$35,048,872
$9.71
Grayscale® DeFi Fund
$5,733,587
$5.49
DeFi
$--
$5,900,171
$5.65
Grayscale® Digital Large Cap Fund
$392,509,601
$24.78
DLC
$27.96
$403,205,836
$25.46

^ At close as of 07/26/2021

+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.