Grayscale Bitcoin Mini Trust, ticker: BTC, is the newest fund from Grayscale, the pioneers of publicly-traded crypto funds. BTC comes to market via a spin-off of Grayscale Bitcoin Trust (GBTC), Grayscale's flagship fund and one of the largest Bitcoin funds on the market (learn more about the mechanics of the spin-off here).
The Grayscale Bitcoin Mini Trust ("BTC") is not a fund registered under the Investment Company Act of 1940 and is not subject to regulation under the Investment Company Act of 1940, unlike most mutual funds or ETFs. Investing involves significant risk, including possible loss of principal. The Trust may not be suitable for all investors
As the latest entry into Bitcoin funds available in the U.S., BTC provides investors with one of the lowest cost options for Bitcoin exposure, at just 0.15%, especially as fee waivers offered on other funds expire over time.
For investors seeking Bitcoin exposure directly in their brokerage or retirement accounts, or looking to diversify their Bitcoin exposure across funds, BTC offers low-cost, precise exposure (with its low share price), and a robust investor base.
If you're interested in learning more, don't hesitate to reach out to us for more information on investing in Bitcoin, or to talk with one of our portfolio consultants.
Simply search for BTC in your investment account today, no other letters needed!
The low-cost Bitcoin fund, from Grayscale