Grayscale's Bitcoin Mini Trust Aims to Stem Outflows and Lower Fees

Grayscale Investments has filed for a new Bitcoin mini fund to counter the $11 billion outflows from its spot Bitcoin ETF, which has been attributed to high fees. The new fund is seen as a way to retain investors by offering exposure to Bitcoin at a lower cost, potentially offsetting the impact of the high fees of its existing spot Bitcoin ETF. Analysts believe the move is a response to the exodus of investors and could help Grayscale retain its higher fees while incentivizing investors to stay.