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CryptoIntelligence 2024-08-01 04:25:00

Grayscale Launches Bitcoin Mini Trust ETF on NYSE Arca, Expanding Bitcoin Investment Accessibility

American cryptocurrency investment firm Grayscale has introduced a new investment product, the Grayscale Bitcoin Mini Trust, as a “spin-off” of its existing Grayscale Bitcoin Trust ETF (GBTC). This new product started trading on the NYSE Arca electronic securities exchange at 8 am UTC on July 31. The Grayscale Bitcoin Mini Trust is an extension of the spot Bitcoin ETF that Grayscale launched in January 2024, following approval from the United States Securities and Exchange Commission. The new trust is listed under the ticker “BTC” and is designed to offer investors exposure to Bitcoin. Grayscale explained that the Mini Trust was

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