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CatalystS-1 Filing

πŸ“„ GRAYSCALE WORLDCOIN ETF ($GWLD)

The Grayscale Worldcoin ETF is an exchange-traded fund that issues shares representing fractional undivided beneficial interests in the Trust, which primarily holds Worldcoin (WLD). The Trust's investment objective is to reflect the value of WLD held by the Trust, less the Trust's expenses and other liabilities. Key risk: There may be less liquidity or wider spreads in the market for the Shares as compared to the shares of other spot WLD exchange-traded products, if and when the listing of such products has been approved. Proceeds: Proceeds received by the Trust from the issuance and sale of Baskets will consist of WLD deposited with the Trust in connection with creations. Such WLD will only be (i) owned by the Trust, (ii) transferred (or converted to U.S. dollars, if necessary) to pay the Trust’s expenses, (iii) distributed or otherwise disposed of in connection with the redemption of Baskets or (iv) liquidated in the event that the Trust terminates or as otherwise required by law o
The Grayscale Worldcoin ETF is an exchange-traded fund that issues shares representing fractional undivided beneficial interests in the Trust, which primarily holds Worldcoin (WLD). The Trust's investment objective is to reflect the value of WLD held by the Trust, less the Trust's expenses and other liabilities.
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