:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/dlnews/MSNLLGPBGJDM5CFNKSMPDYWLBE.jpg "Bitcoin Mini Trust by Grayscale Designed to Put a Stop to bn ‘Exodus’ Caused by Fees")
Grayscale Investments, a digital asset management firm, has recently announced the launch of its new Bitcoin Mini Trust. The firm aims to attract investors who have been deterred by high fees associated with traditional investment vehicles.
GreyScale’s Bitcoin Trust (GBTC) has seen a significant decrease in its Bitcoin holdings, falling by 33% since its conversion. This notable shift in the company’s digital asset portfolio has caught the attention of investors and analysts alike.
The digital asset management firm, Grayscale Investments, has likely completed its profit-taking phase for its Grayscale Bitcoin Trust (GBTC), according to analysts at JPMorgan. This positive development is expected to ease the selling pressure on Bitcoin.
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