The US Securities and Exchange Commission (SEC) has approved Grayscale's new spot Bitcoin ETF, the Grayscale Bitcoin Mini Trust (BTC), for listing on NYSE Arca. 🎉
- Grayscale announced plans to split its main GBTC fund into a Mini Trust.
- The Commission approved NYSE Arca's application to list and trade Mini Trust shares.
- Mini Trust management fees are only 0.15%, which is 10 times less than GBTC.
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