According to Cointelegraph, Grayscale’s latest Bitcoin Mini Trust has seen net inflows of more than $1 billion in 2024. As of December 17, the trust has more than $4 billion in total assets under management.
Grayscale launched two new ETFs in July: Grayscale Bitcoin Mini Trust and Grayscale Mini Ethereum Trust, attracting investors with low costs. The management fee of Mini Trust is 0.15%, the lowest among spot cryptocurrency ETFs.
The launch of spot BTC and ETH ETFs has sparked a fee race, with many new ETFs temporarily waiving or discounting fees. Grayscale’s GBTC and ETHE management fees are 1.5% and 2.5%, respectively.
Grayscale also manages other cryptocurrency funds, some of which may become ETFs by 2025.
