In a strategic move to solidify its position in the competitive landscape of Bitcoin spot Exchange-Traded Fund (ETF) issuers, Grayscale has announced plans to introduce a low-fee version of its flagship ETF, the Grayscale Bitcoin Mini Trust.

The asset manager giant, which manages the $28 billion GBTC spot bitcoin ETF,  is currently seeking approval from the U.S. Securities and Exchange Commission (SEC) to start the development of the new bitcoin ETF.

SourceGrayscale Bitcoin Mini Trust: A Relief from 1.5% Fees

The proposed Grayscale Bitcoin Mini Trust, expected to trade under the BTC ticker on NYSE Arca, represents a calculated step in the growing ETF landscape. Notably, Grayscale secured…

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