TLDR Crypto · MARKETS & BUSINESS

GRAYSCALE'S PLANNED MINI BITCOIN ETF WILL HAVE A 0.15% FEE, THE LOWEST AMONG SPOT BITCOIN ETFS

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Summary from the TLDR Crypto newsletter

Grayscale, creators of the GBTC trust-turned-ETF, has announced a Bitcoin Mini Trust with an industry-leading 0.15% fee. 10% of GBTC's assets will be contributed to the mini trust and automatically distributed to GBTC holders, giving them a non-taxable event to migrate to the lower-fee product. The Bitcoin Mini Trust will trade under the BTC ticker.