Grayscale’s Bitcoin, Ethereum Funds See $750M Inflows In 3 Months
Posted On October 29, 2024
Grayscale Investments announced on Tuesday that its newly launched Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) exchange-traded products (ETPs) have attracted significant investor interest, recording inflows exceeding $750 million since their respective launches in July 2024.
What Happened: The Grayscale Bitcoin Mini Trust (NYSE:BTC) and Grayscale Ethereum Mini Trust (NYSE:ETH) are promoted as the world’s lowest-fee ETPs in their categories, with annual expense ratios set at 0.15%.
“Crypto is still in the early stages of adoption, and the strong demand for BTC and ETH underscores investor interest …