🚀 Big news from the crypto cosmos! The SEC has greenlit Grayscale's latest creation: the Bitcoin Mini Trust (BTC), set to debut on the NYSE Arca platform. 🎉
- **Milestone Moment**: Grayscale's new fund offers a fresh spin on their flagship Bitcoin Trust (GBTC).
- **Fee Fiesta**: Mini Trust's management fees are a mere 0.15%, a fraction of GBTC's 1.5%.
- **Share Shuffle**: GBTC holders will get Mini Trust shares, maintaining their BTC holdings across two funds.
- **Ethereum Echo**: A similar move is happening with Grayscale's Ethereum Trust (ETHE).
Stay tuned for more crypto capers!