Grayscale's new Mini Bitcoin ETF will be around ten times cheaper than GBTC's fees, but Bloomberg ETF analyst Eric Balchunas says it's too soon to get excited.
Grayscale Investments' has declared its upcoming "mini" version of the Grayscale Bitcoin Trust (GBTC) exchange-traded fund (ETF) will be almost a tenth cheaper than the current GBTC fees, making it the cost-effective option among the approved spot Bitcoin ETFs.
However, investors shouldn’t get their hopes up yet, according to Bloomberg analyst Eric Balchunas.
“This is pro-forma financials and as such hypothetical,” Balchunas declared in an April 20 post on X, explaining that while changes are possible before launch, the fees were intended to catch investors’ attention.
