The game itself - which some analysts say could be the most expensive ever made - will be released on 19 November on PlayStation 5 and Xbox Series X and S.
Rockstar added that players who pre-order digital versions of the game will be able to begin pre-loading it on their consoles on November 12 to ensure they are able to play at launch.
The physical version of GTA 6 will also be available starting November 12 to support pre-loading.
The more expensive "Ultimate Edition" will include features such as more vehicles, weapons and outfits for the characters.
Following the reveal, some fans, external questioned the point of purchasing a physical copy, if it did not contain a disc.
Others queried, external whether they would be able to re-sell the game after, as can be done with normal physical editions with a disc, or whether the code would be shareable.
Freelance video games journalist Vic Hood said the price tag for the standard edition was "fairly reasonable" but said the lack of disc may "irk some physical collectors".
However she added the decision made sense "as it reduces the amount of rebuying and reselling and helps prevent leaks."
Joost van Dreunen, a professor of games business at NYU Stern said the pricing was a "clever strategy" by Rockstar and its parent company Take-Two.
"Take-Two is catering to the largest possible audience while offering die-hards an upgraded tier," he said.

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