The new button is one of the most used buttons, and there is enough space on top to add it especially when the Rewards button is disabled. Take a look at this screenshot from my phone
I understand that enabling Bottom Toolbar option bring the button back, but some of us like to have that one disabled while not sacrificing having one of the most used buttons with one click.
And if you really don’t want to add one more button on top while also having the Shield icon (which some people find annoying BTW including me with its bright orange colors but I understand it’s mostly there for marketing that’s why you can never get rid of it) you can add an option to make the Brave icon open a new tab instead of the Shield settings that is not used much beyond the first setup.
Thank you for your consideration.