Terms of Service

These Terms of Service, together with our Privacy Policy, govern your access to and use of the websites and social media (the “Grayscale Sites” or the “Sites”) of Grayscale Investments LLC, and those of its subsidiaries and affiliates, including its sponsored and managed trusts and funds (collectively, “Grayscale”, “we”, “our”, or “us”), and your use of any of the services provided through these Sites. These Terms of Service and any additional terms and conditions, policies, agreements and disclosures to which you have agreed are hereafter referred to collectively as the “Agreement”. Please read these Terms of Service carefully.

Your use of a Grayscale Site is governed by the version of the Terms of Service in effect on the date of use. Grayscale may modify the Terms of Service at any time and without prior notice. By using and accessing any Grayscale Site, you acknowledge and agree to review the most current version of these Terms of Service prior to each such use. Your continued use of and access to any of the Grayscale Sites constitutes your acknowledgement of, and agreement to, the then current Terms of Service. Please also note that the terms and conditions of these Terms of Service are in addition to any other agreements between you and Grayscale and/or its affiliates and agents, including any customer agreements, and any other agreements that govern your use of products, services, content, tools, and information available on the Grayscale Sites.

Grayscale reserves the right, in its sole discretion, without any obligation and without any notice requirement, to change, improve or correct the information, materials and descriptions on the Grayscale Sites and/or to suspend and/or deny access to any Grayscale Site for scheduled or unscheduled maintenance, upgrades, improvements or corrections. The information and materials on the Grayscale Site may contain typographical errors or inaccuracies. Any dated information is published as of its date only, and Grayscale does not undertake any obligation or responsibility to update or amend any such information. Grayscale may discontinue or change any product or service described in or offered on Grayscale Site at any time without prior notice. Grayscale further reserves the right, in its sole discretion, to block or otherwise discontinue your access and use of Grayscale Site at any time and for any reason. You agree that Grayscale and its subsidiaries and affiliates will not be liable to you or to any third party for any such modification, suspension or discontinuance.

Authorized User

Some of our services, and certain pages of the Grayscale Site, are available only to clients or users who have been authorized by us to access those services and web pages. Such authorization may require completion of an accredited investor questionnaire and satisfactory background information screening.

Unauthorized use of any Grayscale Site and/or our systems, including, but not limited to, unauthorized entry into and/or any attempted access of Grayscale’s systems and/or any restricted areas of any of the Grayscale Site, misuse or sharing of passwords or misuse of any other information, is strictly prohibited. You may not use any Grayscale Site in any manner that could damage, disable, overburden, or impair any Grayscale Site or service or interfere with any other party’s use and enjoyment of any Grayscale Site or service. You may not attempt to gain unauthorized access to any Grayscale Site or service, computer systems or networks connected to any Grayscale Site or service, through hacking, password mining or any other means. You may not screen-scrape, data scrape and/or use any automated means to acquire data and/or information from our Sites. You agree that you will not engage in any activities related to any Grayscale Site that are contrary to these Terms of Service and/or any applicable laws or regulations. You agree to notify us immediately in the event that you learn or suspect that the security of your password may have been compromised. You further agree that you are responsible for any unauthorized use of your password that is made before you have notified us and we have had a reasonable opportunity to act on that notice. We reserve the right to suspend or cancel your password, even without receiving such notice from you, if we suspect that it is being used in an unauthorized or fraudulent manner.

Notwithstanding the above, you are responsible for monitoring your use of the Grayscale Sites and should promptly report any unauthorized or suspicious activity to us at