Grayscale Files for Bitcoin Mini Trust ETF

Grayscale expands its cryptocurrency investment offerings by filing for a new "mini" version of its Grayscale Bitcoin Trust (GBTC) ETF.

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The new Grayscale Bitcoin Mini Trust aims to provide tax-free exposure to Bitcoin for investors.

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Existing GBTC shareholders will receive shares of the new Bitcoin trust, with Bitcoin contributed by GBTC.

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Bitcoin's surge to a new high coincides with Grayscale's filing, reflecting growing investor interest in cryptocurrencies.

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Uncertainty looms over Ether ETF approval due to the SEC's lack of communication, casting doubt on its potential approval by May.

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