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Grayscale’s Latest Filing Will Introduce a Mini ETF With 0.15% Fees

Published 04/22/2024, 01:46 AM
Updated 04/22/2024, 02:15 AM
Grayscale’s Latest Filing Will Introduce a Mini ETF With 0.15% Fees

  • Grayscale is doubling down in its pursuit of a Grayscale Bitcoin Mini Trust ETF.
  • According to its filing, the firm set the Mini ETF management fees at 0.15%.
  • Nate Geraci thinks Grayscale could consider further reducing the fees to 0.10%.

Grayscale is doubling down in its pursuit of a Grayscale Bitcoin Mini Trust ETF. In a recent filing, the renowned investment firm revealed its intention to set the management fee for the proposed product at 0.15%. That would make it the lowest management fee in the ETF market and provide more opportunities for investors.

Following the filing, Nate Geraci, the president of The ETF Store, termed Grayscale’s move a positive. According to Geraci, the investment firm could reduce the fees to 0.10%. Posting on X, the ETF Chief noted that Grayscale can subsidize w/GBTC revenue and pressure competitors.

The post Grayscale’s Latest Filing Will Introduce a Mini ETF With 0.15% Fees appeared first on Coin Edition.

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