Big News in Crypto! 🚀
The SEC has just approved the listing of Grayscale's Bitcoin Mini Trust on the NYSE Arca and CBOE BZX exchanges! This new fund, a spin-off from the Grayscale Bitcoin Trust (GBTC), offers a lower fee of 0.15% compared to GBTC's 1.5%, aiming to attract new investors while keeping current ones happy.
Key Points:
- SEC approval for Bitcoin Mini Trust on NYSE Arca & CBOE BZX
- Lower fees to attract new investors
- No taxable events for GBTC holders converting to the new fund
What do you think about this move? Share your thoughts in the comments! 💬