“Grayscale's forthcoming Bitcoin Mini Trust ETF is set to boast a mere 0.15% fee, marking the lowest among spot Bitcoin ETFs. The product, slated to debut on NYSE Arca under the ticker BTC, contrasts sharply with Grayscale's existing Bitcoin Trust (GBTC), which carries a hefty 1.5% fee. Additionally, Grayscale plans to allocate 10% of GBTC assets to the BTC Trust, with shares automatically distributed to GBTC holders. This transition is tax-free for existing GBTC shareholders, sparing them from capital gains tax implications.”
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