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Grayscale plans to clone its bitcoin fund, which has lost billions

Fees for the new ETF aren't yet listed but are expected to be lower than the fees for the existing fund.

Grayscale Investments intends to launch a clone of the world’s biggest bitcoin fund as it loses billions to lower-cost rivals.

The asset manager submitted plans for the Grayscale Bitcoin Mini Trust, which would be physically backed by the cryptocurrency and trade under the ticker BTC, a filing

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