Investment Objective: |
The investment objective of the Grayscale Bitcoin Mini Trust (BTC) (the "Trust") is designed to reflect the value of Bitcoin held by the Trust, determined by reference to the Index Price, less the Trust's expenses and other liabilities. Grayscale Bitcoin Mini Trust (BTC) offers investors access to Bitcoin in the form of an ETP, listed on NYSE Arca. Each share of the Trust represents ownership in the Trust, the sole assets of which are Bitcoin. Investors gain exposure to Bitcoin within a traditional brokerage account with all the benefits of an ETP. The spot price of Bitcoin is determined by market participants across multiple constituent exchanges for the most representative spot price. Each constituent exchange is weighted proportionally to its trailing 24-hour liquidity with adjustments for price variance and inactivity |