Happy Wednesday! In today's Daily, Grayscale's mini spot Bitcoin ETF begins trading, Mt. Gox moves another $2 billion in funds, the spot Ethereum ETFs end their negative flow streak and more.

Meanwhile, Tether reports a record $5.2 billion profit for the first half of the year.

Let's get started.

• The trust trades under the ticker "BTC" as a spin-off from Grayscale's original converted spot Bitcoin ETF, GBTC. It has the lowest fee of all such products, at 0.15%.
• The ETF went live shortly after its S-1 registration became effective, following …