Grayscale: Part of GBTC holders' holdings may be converted into Bitcoin Mini Trust
The US Securities and Exchange Commission approved the 19b-4 form for the Grayscale Bitcoin Mini Trust last week. As stated in the S-1 document released in March, the trust's code is "BTC" and it will be available for trading on the New York Stock Exchange Arca as a "spin-off" product of GBTC. Grayscale stated that GBTC holders may see a portion of their holdings converted into the new fund, which is not expected to result in a taxable event.
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