Grayscale Investments, LLC is a digital currency asset manager and the sponsor and manager of investment products (“Products”) that are publicly quoted on OTCQX. Investments in the Products are speculative investments that involve high degrees of risk, including a partial or total loss of invested funds. Grayscale products are not suitable for any investor that cannot afford loss of the entire investment. To date, the Products quoted on OTCQX have not met their investment objective and the Shares of such Products quoted on OTCQX have not reflected the value of digital assets held by such Products, less such Product’s expenses and other liabilities, but instead have traded at both premiums and discounts to such value, which at times have been substantial. Go to OTCMarkets.com, the SEC’s website or our website Grayscale.com, as applicable, for each Product’s annual report, which includes investment objectives, risks, fees and expenses, or Grayscale.com for more information on Grayscale and our other investment vehicles. Read these materials carefully before investing. This content is not intended to be a solicitation for the creation of new Shares for any of the Products.