Grayscale: 10% of the underlying BTC in GBTC will be split into mini trusts, resulting in a net asset value 10% lower than the previous day.

Odaily Daily News reported that Grayscale stated on X platform that 10% of the underlying BTC of GBTC will be split into Mini Trust, resulting in a 10% decrease in net asset value compared to the previous day. GBTC shareholders do not need to take any action to receive the split proceeds and will be entitled to receive Mini Trust shares on a 1:1 basis. The overall exposure to BTC will remain unchanged.