📢 Grayscale's big move! Bitcoin ETF split plan is here!

🚀 Everyone, pay attention! Grayscale, the big guy in the cryptocurrency world, recently announced their new plan to split GBTC into a new mini Bitcoin ETF! This is another bold attempt after the successful split of Grayscale's ETHE!

👏In general, if you have GBTC now, you will automatically get some new ETF shares soon, and they will be distributed according to the proportion of GBTC you hold!

📅 Just on July 19, Grayscale announced this plan, and will start contributing 10% of spot Bitcoin on July 31. After the split, your GBTC holdings will be divided into two parts: one is the original GBTC, and the other is the new mini trust.

💰 Bloomberg ETF analyst James Seyffart gave an example. If you invested $1,000 in ETHE or GBTC, after the split, your holdings in the original fund would be $900, and $100 in the new mini ETF.

👏 Moreover, this split is good news for Grayscale's ETHE holders, because on July 8, the management fee of ETHE split into a new mini trust fund was only 0.15%, much lower than ETHE's 2.5%! This saves everyone a lot of money!

🤔 Although Grayscale has not yet disclosed the management fee of its BTC Mini Trust, everyone guesses that it may be similar to GBTC, which is 1.5%. Think about it, this is a big number, especially for long-term investors like us.

💡 Don’t forget, Grayscale’s GBTC and ETHE funds are among the earliest spot BTC and Ethereum funds in the United States, which were established in 2013 and 2017. Now GBTC’s assets are as high as $17 billion!

🎉 This split is said to bring tax benefits to shareholders. Does it sound attractive to switch from traditional funds to new ETFs?

💬 So, what do you think? Are you excited about Grayscale’s new plan? What impact do you think it will have on the market? Tell me your thoughts in the comments section and let’s chat! #Grayscale #比特币ETF #投资新动向