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Grey Mini Bitcoin and Ether ETFs Attract $750 Million in First Three Months

Grey Mini Bitcoin and Ether ETFs Attract $750 Million in First Three Months

Bitget2024/10/29 22:49
BTC+0.78%ETH+0.82%

Grayscale reported on 29 October that its Mini Bitcoin and Ether ETFs attracted $750 million in the first three months, with the Grayscale Bitcoin Mini-Trust and Grayscale Mini Ether Trust spun off from the BTC and ETH funds, respectively, which were listed in July. The mini trust has a management fee of 0.15 per cent, excluding promotional fees, the lowest base fee charged in a spot cryptocurrency ETF. John Hoffman, managing director and head of distribution and partnerships at Grayscale, said in a statement, ‘The success of BTC and ETH to date symbolises the strong customer demand for low-cost crypto ETPs.’

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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