Bitcoin Price Slump Hits Grayscale Bitcoin Mini Trust NAV Hard
Grayscale Bitcoin Mini Trust (NYSE Arca: BTC), an exchange-traded fund sponsored by Grayscale Investments Sponsors, LLC, saw its net asset value drop by 25% due to a slump in Bitcoin prices. According to the company's quarterly report filed with the SEC on August 10, the decline was a direct result of the fall in Bitcoin's value.
The report shows that as of June 30, 2026, the Trust held approximately $133 million in assets under management. Despite this, the decline in Bitcoin's price led to a significant decrease in the net asset value (NAV) of the fund.