Grayscale Launches New Bitcoin ETF! 🚀
• On July 19, Grayscale announced the creation of a new ETF, the Grayscale Bitcoin Mini Trust (BTC), allocating 10% of the assets from its flagship GBTC fund.
• Trading will begin on NYSE Arca after regulatory approval.
• GBTC shareholders will receive pro rata shares in the new fund.
• Analysts expect lower fees compared to GBTC.
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