Grayscale Files to Launch More Competitive ‘Bitcoin Mini Trust’

The Grayscale Bitcoin Mini Trust is expected to have a competitive fee and will come from a spinoff from GBTC commentedThe fee for the new fund was not disclosed, neither was the percentage of GBTC that will be spun off, “but pretty sure this will be a non-taxable event for a chunk of those shares to get into a cheaper and cost-competitive product,” said Seyffart.just filed to launch the “Grayscale Bitcoin Mini Trust” expecting this to have a competitive fee.

“First impression is that it’s a nice middle ground between helping out customers and not decimating their revenue,” he said. Grayscale CEO Michael Sonnenshein stated that the prospectus is not complete and may be changed. “We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective,” he added.Important Disclosure: the information in this prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange…One Weekly Email Can Change Your Crypto Life.

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