Mini Trust News Today

Some outflows were also tied to the wave of bankruptcies in the crypto industry, as companies that collapsed in the last two years pulled money out of the fund to repay their creditors.

(Reuters) - Shares of Grayscale Bitcoin Trust jumped 5% in premarket trading on Monday after the exchange-traded fund (ETF) that tracks the price of bitcoin saw its first day of inflow since January. The move marks a major milestone for GBTC, which...

Shares of Grayscale Bitcoin Trust jumped 5% in premarket trading on Monday after the exchange-traded fund that tracks the price of bitcoin saw its first day of inflow since January. The...

The spin-off is part of a bid to offer investors lower-fee exposure to bitcoin, according to a person familiar with the matter.

Digital asset manager Grayscale Investments said on Tuesday it was contemplating a spin-off of its spot bitcoin exchange-traded fund , the Grayscale Bitcoin Trust , which has been lagging peers...

The spinoff is part of a bid to offer investors lower-fee exposure to bitcoin, according to a person familiar with the matter

GBTC - which in January received approval to convert from a trust to an ETF - currently has higher fees than its peers, one of the key factors in drawing investors to rival ETFs, Reuters has reported. Grayscale filed to list shares of a new investment product, the Grayscale Bitcoin Mini Trust, which will receive a certain amount of bitcoin held by GBTC. In exchange, current GBTC shareholders will get stock in the Mini Trust, the company said.

By Niket Nishant and Hannah Lang (Reuters) -Digital asset manager Grayscale Investments on Tuesday filed for a spin-off of its spot bitcoin ...

Grayscale is set to introduce a new Bitcoin ETF, the Grayscale Bitcoin Mini Trust, in an innovative move aimed at revitalizing its flagship Grayscale Bitcoin Trust (OTC: GBTC)