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TechFlow reported on July 30 that Bloomberg analyst James Seyffart stated on social media that GBTC fell 10% in pre-market trading, as this portion of value will flow into Grayscale's mini Bitcoin Trust (BTC). The record date for the split is today, with trading expected to begin tomorrow.
Previous report: The date for Grayscale's GBTC split into the mini trust fund BTC has been set for July 31.
Bloomberg analyst James Seyffart posted on social media that GBTC fell 10% in pre-market trading, as this portion of value will flow into Grayscale's mini Bitcoin Trust (BTC), with the spin-off record date being today and trading expected to begin tomorrow. Earlier reports indicated that Grayscale's GBTC spin-off into the mini trust fund BTC was scheduled for July 31.
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