The asset manager is extending its fee waiver until January 2026 for up to $2.5 billion in assets under management.
Grayscale news
Another amended filing signals continued progress toward bringing a diversified cryptocurrency index fund to US exchanges.
As a result of the reverse share splits, the Grayscale Bitcoin Mini Trust ETF and Grayscale Ethereum Mini Trust ETF are set to see 5x and 10x price increases, respectively.
It adds to Bitwise’s roster of European staking ETPs. Staking is still prohibited in ETPs listed in the United States.
United States investors increased exposure to Bitcoin and Ether ETFs as a strong price rally fueled unprecedented inflows.
They include options on Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust that holds Ether,” the filing said.
The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs.
Grayscale Digital Large Cap Fund could be the first US ETF to hold altcoins such as Solana and AVAX if approved.
The “mini” trusts spun off from Grayscale’s legacy Bitcoin and Ether funds in July.
More than half of voters in the United States are more likely to vote for a pro-crypto candidate versus one who is not, Craig Salm said.