Grayscale Introduces Bitcoin ETF to Address Investor Concerns
By
Theodore Rinaldi
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).
Grayscale, with over $50 billion in assets, has launched a new Bitcoin exchange-traded fund (ETF) called BTC. The move aims to address concerns about the high fees of its flagship product, GBTC, and attract new investors. The introduction of BTC reflects a broader trend in the ETF market and offers a lower fee alternative while maintaining exposure to the Bitcoin market.