Grayscale Bitcoin Mini Trust Sees $18 Million Inflow on First Trading Day

IconCryptoNewsTerminal Staff01 Aug, 2024

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Grayscale Bitcoin Mini Trust Sees $18 Million Inflow on First Trading Day

The Grayscale Bitcoin Mini Trust (ticker: BTC) saw inflows of $18 million on its first day of trading according to data from financial information platform Farside Investors. The Grayscale Mini Bitcoin Trust, a spinoff product of GBTC, began trading on the NYSE Arca as a spot bitcoin ETP on June 30. It has an expense ratio of 0.15%.