ChainCatcher news, according to Arkham monitoring, 88.638 BTC flowed from the Coinbase Prime hot wallet address into the Grayscale Bitcoin Trust this morning, worth 9.03 million dollars.

ChainCatcher message, according to Arkham monitoring, about 19 minutes ago, Grayscale transferred a total of 2,117.943 BTC to three addresses, of which:Grayscale Bitcoin Trust transferred 1,400.002 BTC to two addresses;Grayscale Bitcoin Mini Trust Fund transferred 717.941 BTC to one address.

ChainCatcher message, according to Arkham monitoring, about 14 minutes ago, the Grayscale Bitcoin Trust transferred 788.738 BTC to an unknown address, worth 76.95 million dollars.

ChainCatcher news, according to The Block, the U.S. Securities and Exchange Commission (SEC) approved Grayscale's Form 19b-4 for its Bitcoin mini trust fund on Friday. The trust fund can begin trading once the S-1 registration statement becomes effective. This mini trust fund is a scaled-down version of the Grayscale Bitcoin Trust (GBTC), and the new mini trust fund shares will be distributed to GBTC shareholders.According to a Grayscale spokesperson, the company is waiting for the registration statement to become effective, and the approval will allow the mini trust fund to operate as a U.S. spot Bitcoin exchange-traded product (ETP).