Grayscale Bitcoin Mini-Trust to be traded under ticker symbol BTC
Grayscale has announced the launch of the Grayscale Bitcoin Mini Trust under the ticker symbol BTC, which began trading at 4 a.m. ET on Wednesday, according to official sources. 'BTC' is listed as a derivative of Grayscale's flagship fund, GBTC, and carries a management fee of 0.15%.
The U.S. Securities and Exchange Commission (SEC) approved the product's Form 19b-4 last week.
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