| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
Riot Blockchain, Inc.
| 7/27/2022 | 767292105 | RIOT |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| For | For | Elect Director Hubert Marleau | Issuer |
| For | For | Ratify Marcum LLP as Auditors | Issuer |
| Against | For | Advisory Vote to Ratify Named Executive Officers’ Compensation | Issuer |
| For | For | Increase Authorized Common Stock | Issuer |
| For | For | Amend Omnibus Stock Plan | Issuer |
| | | | |
| | | | |
| | | | |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Bit Digital, Inc. | 7/29/2022 | G1144A105 | BTBT |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| Withhold | For | Elect Director Zhaohui Deng | Issuer |
| For | For | Elect Director Erke Huang | Issuer |
| Withhold | For | Elect Director Ichi Shih | Issuer |
| Withhold | For | Elect Director Yan Xiong | Issuer |
| For | For | Elect Director Brock Pierce | Issuer |
| Against | For | Approve Reverse Stock Split, Increase in Authorised Share Capital, and the Amendment of Memorandum and Articles of Association | Issuer |
| Against | For | Amend Memorandum and Articles of association | Issuer |
| | | | |
| | | | |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Northern Data AG | 10/19/2022 | D5S1LG112 | NB2 |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
|
| Receive Financial Statements and Statutory Reports for Fiscal Year 2021 (Non-Voting) | Issuer |
| For | For | Approve Discharge of Management Board for Fiscal Year 2021 | Issuer |
| For | For | Approve Discharge of Supervisory Board for Fiscal Year 2021 | Issuer |
| For | For | Ratify KPMG AG as Auditors for Fiscal Year 2022 | Issuer |
| For | For | Approve Stock Option Plan for Key Employees; Approve Creation of EUR 2.4 Million Pool of Conditional Capital to Guarantee Conversion Rights | Issuer |
| Against | For | Amend Stock Option Plans 2020, 2021 and 2021/II | Issuer |
| Against | For | Approve Issuance of Warrants/Bonds with Warrants Attached/Convertible Bonds without Preemptive Rights up to Aggregate Nominal Amount of EUR 400 Million; Approve Creation of EUR 4.8 Million Pool of Capital to Guarantee Conversion Rights | Issuer |
| For | For | Approve Affiliation Agreement with Northern Data Software GmbH | Issuer |
| Against | For | Approve Remuneration Policy | Issuer |
| Against | For | Approve Virtual-Only Shareholder Meetings Until 2027 | Issuer |
| | | | |
| | | | |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Marathon Digital Holdings, Inc. | 11/4/2022 | 565788106 | MARA |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| Withhold | For | Elect Director Georges Antoun | Issuer |
| Withhold | For | Elect Director Jay Leupp | Issuer |
| For | For | Ratify Marcum LLP as Auditors | Issuer |
| For | For | Increase Authorized Common Stock | Issuer |
| Against | For | Other Business | Issuer |
| | | | |
| | | | |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Riot Blockchain, Inc. | 11/17/2022 | 767292105 | RIOT |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| For | For | Increase Authorized Common Stock | Issuer |
| | | | |
| | | | |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Iris Energy Ltd. | 12/13/2022 | Q4982L109 | IREN |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| For | For | Ratify Moore Australia as Auditors | Issuer |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Hive Blockchain Technologies Ltd. | 12/20/2022 | 43366H704 | HIVE |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| For | For | Elect Director Frank Holmes | Issuer |
| For | For | Elect Director Ian Mann | Issuer |
| For | For | Elect Director Susan B. McGee | Issuer |
| For | For | Elect Director Marcus New | Issuer |
| For | For | Elect Director Dave Perrill | Issuer |
| For | For | Approve Davidson & Company LLP as Auditors and Authorize Board to Fix Their Remuneration | Issuer |
| For | For | Re-approve Stock Option Plan | Issuer |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| CleanSpark, Inc. | 3/8/2023 | 18452B209 | CLSK |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| For | For | Elect Director Zachary K. Bradford | Issuer |
| For | For | Elect Director S. Matthew Schultz | Issuer |
| Withhold | For | Elect Director Larry McNeill | Issuer |
| For | For | Elect Director Thomas L. Wood | Issuer |
| For | For | Elect Director Roger P. Beynon | Issuer |
| For | For | Elect Director Amanda Cavaleri | Issuer |
| For | For | Increase Authorized Common Stock | Issuer |
| Against | For | Amend Omnibus Stock Plan | Issuer |
| Against | For | Advisory Vote to Ratify Named Executive Officers’ Compensation | Issuer |
| For | For | Ratify MaloneBailey, LLP as Auditors | Issuer |
| | | | |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Plus500 Ltd. | 5/2/2023 | M7S2CK109 | PLUS |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| For | For | Re-elect David Zruia as Director | Issuer |
| For | For | Re-elect Elad Even-Chen as Director | Issuer |
| For | For | Re-elect Steve Baldwin as Director | Issuer |
| For | For | Re-elect Sigalia Heifetz as Director | Issuer |
| For | For | Re-elect Varda Liberman as Director | Issuer |
| For | For | Re-elect Jacob Frenkel as Director | Issuer |
| For | For | Reappoint Kesselman & Kesselman as Auditors | Issuer |
| For | For | Authorise Board to Fix Remuneration of Auditors | Issuer |
| For | For | Authorise Issue of Equity without Pre-emptive Rights | Issuer |
| For | For | Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Other Capital Investment | Issuer |
| For | For | Authorise Market Purchase of Ordinary Shares | Issuer |
| For | For | Approve Fees Payable to Anne Grim | Issuer |
| For | For | Approve Fees Payable to Tami Gottlieb | Issuer |
| For | For | Approve Fees Payable to Steve Baldwin | Issuer |
| For | For | Approve Fees Payable to Sigalia Heifetz | Issuer |
| For | For | Approve Fees Payable to Varda Liberman | Issuer |
| For | For | Approve Fees Payable to Jacob Frenkel | Issuer |
| For | For | Approve Additional Allotment of Shares to Jacob Frenkel | Issuer |
| For | For | Approve Remuneration Policy | Issuer |
| For | For | Approve Remuneration Terms of David Zruia | Issuer |
| For | For | Approve Remuneration Terms of Elad Even-Chen | Issuer |
| Against | For | Approve Remuneration Report | Issuer |
| Against | None | Vote FOR if you are a controlling shareholder or have a personal interest in one or several resolutions, as indicated in the proxy card; otherwise, vote AGAINST. You may not abstain. If you vote FOR, please provide an explanation to your account manager | Issuer |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Bitfarms Ltd. | 5/24/2023 | 09173B107 | BITF |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| Against | For | Elect Director Nicolas Bonta | Issuer |
| For | For | Elect Director Andres Finkielsztain | Issuer |
| Against | For | Elect Director Emiliano Joel Grodzki | Issuer |
| For | For | Elect Director Edith M. Hofmeister | Issuer |
| For | For | Elect Director Brian Howlett | Issuer |
| Against | For | Elect Director L. Geoffrey Morphy | Issuer |
| For | For
| Approve PricewaterhouseCoopers LLP as Auditors and Authorize Board to Fix Their Remuneration | Issuer |
| For | For | Approve Share Consolidation | Issuer |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| PayPal Holdings, Inc. | 5/24/2023 | 70450Y103 | PYPL |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| For | For | Elect Director Rodney C. Adkins | Issuer |
| For | For | Elect Director Jonathan Christodoro | Issuer |
| For | For | Elect Director John J. Donahoe | Issuer |
| For | For | Elect Director David W. Dorman | Issuer |
| For | For | Elect Director Belinda J. Johnson | Issuer |
| For | For | Elect Director Enrique Lores | Issuer |
| For | For | Elect Director Gail J. McGovern | Issuer |
| For | For | Elect Director Deborah M. Messemer | Issuer |
| For | For | Elect Director David M. Moffett | Issuer |
| For | For | Elect Director Ann M. Sarnoff | Issuer |
| For | For | Elect Director Daniel H. Schulman | Issuer |
| For | For | Elect Director Frank D. Yeary | Issuer |
| For | For | Advisory Vote to Ratify Named Executive Officers’ Compensation | Issuer |
| For | For | Amend Omnibus Stock Plan | Issuer |
| For | For | Ratify PricewaterhouseCoopers LLP as Auditors | Issuer |
| Against | Against | Adopt a Policy on Services in Conflict Zones | Shareholder |
| Against | Against | Report on Risks Related to Fulfilling Information Requests for Enforcing Laws Criminalizing Abortion Access | Shareholder |
| | | Report on PayPal’s Nondiscriminatory Provision of Financial Services - Withdrawn | Shareholder |
| Against | Against | Report on Ensuring Respect for Civil Liberties | Shareholder |
| Against | Against | Adopt Majority Vote Standard for Director Elections | Shareholder |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Bakkt Holdings, Inc. | 06-Jun-23 | 05759B107 | BKKT |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| Withhold | For | Elect Director David Clifton | Issuer |
| Withhold | For | Elect Director DeAna Dow | Issuer |
| Withhold | For | Elect Director Gordon Watson | Issuer |
| For | For | Ratify Ernst & Young LLP as Auditors | Issuer |
| Against | For | Amend Omnibus Stock Plan | Issuer |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Northern Data AG | 6/12/2023 | D5S1LG112 | NB2 |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| Against | For | Approve Creation of EUR 13.1 Million Pool of Authorized Capital with or without Exclusion of Preemptive Rights | Issuer |
| For | For | Approve Stock Option Plan for Key Employees; Approve Creation of EUR 2.6 Million Pool of Conditional Capital to Guarantee Conversion Rights | Issuer |
| Against | For | Amend Stock Option Plans 2020, 2021 and 2021/II | Issuer |
| | | | |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Block, Inc. | 6/13/2023 | 852234103 | SQ |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| For | For | Elect Director Roelof Botha | Issuer |
| Withhold | For | Elect Director Amy Brooks | Issuer |
| For | For | Elect Director Shawn Carter | Issuer |
| For | For | Elect Director James McKelvey | Issuer |
| For | For | Advisory Vote to Ratify Named Executive Officers’ Compensation | Issuer |
| For | For | Ratify Ernst & Young LLP as Auditors | Issuer |
| For | Against | Report on Effectiveness of Diversity, Equity, and Inclusion Efforts | Shareholder |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Coinbase Global, Inc. | 6/16/2023 | 19260Q107 | COIN |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| Withhold | For | Elect Director Frederick Ernest Ehrsam, III | Issuer |
| Withhold | For | Elect Director Kathryn Haun | Issuer |
| Withhold | For | Elect Director Kelly A. Kramer | Issuer |
| For | For | Elect Director Tobias Lutke | Issuer |
| Withhold | For | Elect Director Gokul Rajaram | Issuer |
| Withhold | For | Elect Director Fred Wilson | Issuer |
| For | For | Ratify Deloitte & Touche LLP as Auditors | Issuer |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Robinhood Markets, Inc. | 6/20/2023 | 770700102 | HOOD |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| Against | For | Elect Director Frances Frei | Issuer |
| Against | For | Elect Director Meyer Malka | Issuer |
| For | For | Ratify Ernst & Young LLP as Auditors | Issuer |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Monex Group, Inc. | 6/24/2023 | J4656U102 | 8698 |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| For | For | Elect Director Matsumoto, Oki | Issuer |
| For | For | Elect Director Seimei, Yuko | Issuer |
| For | For | Elect Director Oyagi, Takashi | Issuer |
| For | For | Elect Director Yamada, Naofumi | Issuer |
| For | For | Elect Director Makihara, Jun | Issuer |
| For | For | Elect Director Ishiguro, Fujiyo | Issuer |
| For | For | Elect Director Domae, Nobuo | Issuer |
| For | For | Elect Director Koizumi, Masaaki | Issuer |
| For | For | Elect Director Konno, Shiho | Issuer |
| For | For | Elect Director Ungyong Shu | Issuer |
| For | For | Elect Director Kuno, Sachiko | Issuer |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Riot Platforms, Inc. | 6/27/2023 | 767292105 | RIOT |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| Withhold | For | Elect Director Hannah Cho | Issuer |
| Withhold | For | Elect Director Lance D’Ambrosio | Issuer |
| For | For | Ratify Deloitte & Touche LLP as Auditors | Issuer |
| Against | For | Advisory Vote to Ratify Named Executive Officers’ Compensation | Issuer |
| For | For | Amend Omnibus Stock Plan | Issuer |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Galaxy Digital Holdings Ltd. | 6/28/2023 | G37092106 | GLXY |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| For | For | Elect Director Michael Novogratz | Issuer |
| For | For | Elect Director Bill Koutsouras | Issuer |
| For | For | Elect Director Dominic Docherty | Issuer |
| For | For | Elect Director Michael Daffey | Issuer |
| Withhold | For | Elect Director Jane Dietze | Issuer |
| For | For | Elect Director Damien Vanderwilt | Issuer |
| For | For | Elect Director Richard Tavoso | Issuer |
| For | For | Approve KPMG LLP as Auditors and Authorize Board to Fix Their Remuneration | Issuer |
| Against | None | For the Purpose of Determining the Aggregate Number of Votes that U.S. holders are Entitled to Cast, the Undersigned Certifies That It is Not a U.S. Resident. Vote FOR = Yes and AGAINST = No. | Issuer |
| Against | None | The Undersigned Certifies That to the Extent That It Holds Shares of the Company for the Account or Benefit of Any Other Person, Such Person is Not a U.S. Resident. Vote FOR = Yes and AGAINST = No. | Issuer |
| | | | |
| Name of Fund: | Grayscale Future of Finance ETF | |
| Period: | July 2022 - June 2023 | | |
| | | | |
| Company Name | Meeting Date | CUSIP | Ticker |
| Argo Blockchain Plc | 6/30/2023 | G053A3104 | ARB |
| | | | |
| Vote | Management Recommended Vote | Proposal | Propose by issuer or shareholder |
| For | For | Accept Financial Statements and Statutory Reports | Issuer |
| Against | For | Approve Remuneration Report | Issuer |
| Abstain | For | Re-elect Matthew Shaw as Director | Issuer |
| For | For | Reappoint PKF Littlejohn LLP as Auditors | Issuer |
| For | For | Authorise Board to Fix Remuneration of Auditors | Issuer |
| For | For | Authorise Issue of Equity | Issuer |
| Against | For | Authorise Issue of Equity (Additional Authority) | Issuer |
| For | For | Authorise Issue of Equity without Pre-emptive Rights | Issuer |
| For | For | Authorise Issue of Equity without Pre-emptive Rights in Connection with an Acquisition or Other Capital Investment | Issuer |
| Against | For | Authorise Issue of Equity without Pre-emptive Rights (Additional Authority) | Issuer |
| For | For | Authorise the Company to Call General Meeting with Two Weeks’ Notice | Issuer |
