As of December 17, Grayscale’s newest Bitcoin ETF has received over $1 billion in net inflows since its launch in 2024, according to a statement from Grayscale.
The Grayscale Bitcoin Mini Trust, which currently manages more than $4 billion, was created in July through a spin-off of the firm’s older BTC and Ether funds.
These two new ETFs have lower management fees of 0.15%, showcasing the strong demand for low-cost cryptocurrency investment products.
Grayscale’s managing director, John Hoffman, believes the success of these new products demonstrates the high interest from clients for cost-effective crypto investment options.