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Grayscale: 10% of GBTC's underlying Bitcoin will be split into mini trusts, resulting in a net value 10% lower than the previous day

Grayscale: 10% of GBTC's underlying Bitcoin will be split into mini trusts, resulting in a net value 10% lower than the previous day

CointimeCointime2024/07/30 13:27
By:Cointime

Grayscale announced on X platform that 10% of the underlying bitcoin in GBTC will be split into the Mini Trust, resulting in a 10% decrease in net asset value compared to the previous day. GBTC shareholders do not need to take any action to receive the split benefits and will have the right to receive Mini Trust shares in a 1:1 ratio. The overall exposure to bitcoin will remain unchanged.

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