{"url_path":"/sec/brrr/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds.**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-12","source_url":"https://www.sec.gov/Archives/edgar/data/1841175/0001999371-26-010552-index.html","accession_number":"0001999371-26-010552","cik":"0001841175","ticker":"BRRR","issuer_name":"CoinShares Bitcoin ETF","edgar_url":"https://www.sec.gov/Archives/edgar/data/1841175/0001999371-26-010552-index.html","primary_entity_key":"0001841175","primary_entity_name":"CoinShares Bitcoin ETF"},"word_count":98,"has_tables":true,"body_markdown":"**Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.**\n\n \n\n \n(a)\nNot applicable.\n\n \n\n \n(b)\nNot applicable.\n\n \n\n \n(c)\nIn connection with redemptions of Baskets held by authorized participants, the Trust redeemed 120 Baskets (comprising 600,000 Shares) during the three months ended March 31, 2026, at an average price per Share of $20.68. The following table provides information about BRRR’s redemptions by authorized participants during the three months ended March 31, 2026:\n\n \n\nCalendar Month \nNumber\nof Shares\nRedeemed  \nAverage\nPrice\nPaid per\nShare \n\nJanuary 2026 \n 150,000  \n$25.27 \n\nFebruary 2026 \n 240,000  \n 18.91 \n\nMarch 2026 \n 210,000  \n 19.43 \n\nTotal \n 600,000  \n$20.68 \n\n \n\n15"}