$Grayscale Bitcoin Trust (GBTC.US)$GBTC 7/30 9:38 AM EST fel...
$Grayscale Bitcoin Trust(GBTC.US$GBTC 7/30 9:38 AM EST fell 10%, which is unreasonable · What does it mean that Bitcoin fell less than 5%, and it's not a leveraged Bitcoin fund?
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Loong11 : What happened?
betfury : Why Bitcoin ETF GBTC Is Down A Whopping 10% Today
103359300 : The company is set to transfer 10% of the spot Bitcoin (CRYPTO: BTC) held by GBTC to its new ETF, Grayscale Bitcoin Mini Trust (BTC), on July 31.
Current GBTC shareholders will receive shares in the Mini Trust in direct proportion to the shares they hold in GBTC. This move will result in GBTC holders having the same amount of spot BTC as before but across two different funds.