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The U.S. Securities and Exchange Commission (SEC) has approved Grayscale's Bitcoin Mini Trust, a new spot Bitcoin ETF, for listing on NYSE Arca. This development represents a significant milestone for Grayscale, as the Bitcoin Mini Trust offers a lower-cost option with management fees of 0.15%. The trust, under the ticker 'BTC,' will distribute shares to GBTC shareholders. However, final trading is pending the approval of the S-1 registration statement. Grayscale's Spot Bitcoin ETF has also been approved for listing on NYSE Arca.
GRAYSCALE GETS MINI: SEC GREENLIGHTS BITCOIN MINI TRUST Grayscale’s mini Bitcoin Trust got the SEC’s thumbs up, but it’s not ready to roll yet. They still need the S-1 registration to go live. Source: The Block https://t.co/B3p1eWJMWn
SEC APPROVES GRAYSCALE BITCOIN MINI TRUST, AWAITING FINAL REGISTRATION The SEC has approved Grayscale’s Bitcoin Mini Trust, a smaller version of its GBTC. The trust, under the ticker “BTC,” will distribute shares to GBTC shareholders. Final trading is pending the… https://t.co/LFfNgklgqm
Grayscale's Bitcoin Mini Trust Gets SEC Green Light The SEC has approved Grayscale's new spot Bitcoin ETF, the Grayscale Bitcoin Mini Trust, for listing on NYSE Arca, a significant development for the firm. With management fees of 0.15%, the Mini Trust offers a lower-cost… https://t.co/GdGmWzBFRn