11/26/2024 | Press release | Distributed by Public on 11/26/2024 15:08
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.