Grayscale announces new bitcoin trust

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Grayscale has applied to create the Grayscale Bitcoin Mini Trust (BTC).
It will be allocated some shares from GBTC, and the trust itself will have low fees (which are unknown).

Users have reasonably suggested why not just lower commissions in GBTC.

Bloomberg analyst Eric Balchunas believes that such a move would reduce outflows from the Grayscale fund and still allow for profits from the high 1.5% commission from the underlying fund. In addition, BTC shares could be handed out as dividends.

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