Grayscale’s New Bitcoin Mini Trust Set to Go Live Soon
April 21, 2024
According to the latest financial announcement from Grayscale, the world’s largest crypto asset manager, it has been revealed that the new Bitcoin Mini Trust aims to contribute 10% of GBTC’s holdings to the initial allocation of the fund. The Bitcoin Mini Trust will be listed on the NYSE Arca exchange under the ticker symbol BTC, with a fee structure of 0.15%, currently the lowest in the field. As per the preliminary announcement, the two trusts will subsequently trade independently of each other and will not share exposure.
