#grayscale

Apr 19, 2021
2 min

Rothschild Investment Corp Acquires More Than 250,000 Shares In Grayscale’s ETH Trust

Rothschild Investment Corp, the Chicago-based financial institution, has acquired 265,302 shares in Grayscale’s ETH trust. It has been reported that the firm also added more Grayscale Bitcoin trust shares to its holdings, with the latest SEC filing revealing that it increased its tally from 30,454 in January up to 38,346 this month. However, Rothschild Investment has been accumulating GBTC since 2017, and the latest filing shows the firm’s appetite for crypto exposure is not

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Grayscale’s Products Hit $250.7 Million In The Fourth Quarter

Crypto News Point

Jan 16, 2021
2 min

Grayscale’s Products Hit $250.7 Million In The Fourth Quarter

Grayscale’s products hit $250.7 million in the fourth quarter by capping off a stellar year for the asset manager. It has been reported by digital-asset manager that total investments into Grayscale’s family of products reached $3.3 billion in the final quarter of 2020, which translated into average weekly inflows of $250.7 million. However, that’s a threefold increase from the third quarter when Grayscale products raked in $1.05 billion. The report said that Grayscale’s Bitc

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Grayscale’s Newly Appointed CEO Says Pension Funds And Endowments Are Investing Actively On The Gray

Crypto News Point

Jan 10, 2021
2 min

Grayscale’s Newly Appointed CEO Says Pension Funds And Endowments Are Investing Actively On The Gray

Michael Sonnenshein, the newly appointed CEO of Grayscale, said that pension funds and endowments are investing actively into the Grayscale family of funds. He said: “We’ve started to see participation not just from the hedge fund segment, which we’ve long seen participation from, but now it’s recently from other institutions, pensions and endowments. […] The sizes of allocations they are making are growing rapidly as well.” It has been reported that Grayscale has been at the

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Research Says Institutional-Grade Exchange-Traded Products Surged In Volume This Month

Crypto News Point

Nov 19, 2020
2 min

Research Says Institutional-Grade Exchange-Traded Products Surged In Volume This Month

Research revealed that institutional-grade exchange-traded products surged in volume this month, as CryptoCompare delves into some metrics behind Bitcoin’s (BTC) epic bull run to a new 2020 high of $17,800 and reveals that institutions have been a driver of momentum. It has been reported that the Digital Asset Management Review found that aggregate exchange-traded product volumes have surged 53% over the past 30 days. However, average daily volumes now stand at $173.5 million

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Grayscale Investments Holds More Than 500,000 BTC In Its Bitcoin Trust

Crypto News Point

Nov 18, 2020
2 min

Grayscale Investments Holds More Than 500,000 BTC In Its Bitcoin Trust

Grayscale Investments, the cryptocurrency fund manager, holds more than 500,000 BTC in its Bitcoin Trust. It has been reported that Grayscale now holds to $8.35 billion worth of Bitcoin, equating to 2.69% of Bitcoin’s (BTC) outstanding supply and market cap. However, Chainalysis estimated that around 3.7 million BTC, which have been lost, Grayscale may actually now be in possession of 3.37% of Bitcoin’s remaining circulating supply. The report said that appealing to instituti

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Grayscale’s Bitcoin Trust Is On Track To Reach 500,000 BTC By The End Of 2020

Crypto News Point

Nov 6, 2020
2 min

Grayscale’s Bitcoin Trust Is On Track To Reach 500,000 BTC By The End Of 2020

Grayscale’s Bitcoin (BTC) Trust is on track to reach 500,000 BTC by the end of 2020, as last week, Grayscale saw a record inflow of $215 million (15,907 BTC) that surpassed all previous investments into the trust. It has been reported that the firm now holds $6.7 billion (481,711 BTC). As the firm continues last month’s growth rate of 32,000 BTC, Grayscale in on-track to hold 500,000 BTC (2.7% of the circulating supply) within three weeks. However, by the end of next year, if

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Grayscale Increases Its Assets Under Management By $1 Billion

Crypto News Point

Oct 26, 2020
2 min

Grayscale Increases Its Assets Under Management By $1 Billion

A report said that Grayscale Investments has increased its assets under management by $1 billion in the space of a week. It has been reported according to an update posted to Grayscale’s Twitter account on October 22 that the investment firm currently has $7.3 billion in assets under management. That’s a billion-dollar increase on the $6.3 billion AUM Grayscale reported on October 15. 10/22/20 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share

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Grayscale Investments Purchases 17,100 BTC Worth Of Bitcoin During The Last Seven Days

Crypto News Point

Sep 28, 2020
2 min

Grayscale Investments Purchases 17,100 BTC Worth Of Bitcoin During The Last Seven Days

Grayscale Investments have purchased 17,100 BTC ($182 million) worth of Bitcoin during the last seven days, as the company’s Bitcoin position is now close to 450,000 BTC worth around $4.7 billion. It has been reported by a data provided by bybt.com that today, the Grayscale Bitcoin Trust (GBTC) has $4.7 billion assets under management (AUM). However, Grayscale’s Bitcoin position is also displayed on the company website as well for transparency purposes. The report said that t

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Grayscale Investments Makes Bitcoin Cash And Litecoin Available On OTC Markets

Crypto News Point

Jul 22, 2020
2 min

Grayscale Investments Makes Bitcoin Cash And Litecoin Available On OTC Markets

Crypto fund manager Grayscale Investments makes Bitcoin Cash and Litecoin available for OTC market trading. According to a July 20 announcement Grayscale stated that the Financial Industry Regulatory Authority (FINRA) in the United States had approved shares of the firm’s Bitcoin Cash Trust and Litecoin Trust for public trading. Our team continues to bring new opportunities for investors to gain exposure to digital currencies: Grayscale #BitcoinCash Trust & Grayscale #Litecoi

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Grayscale Continues To Grow This Year With Its Total AUM Hitting New Highs

Crypto News Point

May 21, 2020
2 min

Grayscale Continues To Grow This Year With Its Total AUM Hitting New Highs

Grayscale, a major digital asset management fund, has continued to grow this year, with its total assets under management (AUM) hitting new highs. On May 19, it has been reported that Grayscale’s total AUM hit $3.8 billion by surging over 80% from $2.1 billion in May 2019. 05/19/20 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products. Total AUM: $3.8 billion$BTC $BCH $ETH $ETC $ZEN $LTC $XLM $XRP $ZEC pic.twitter.com

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Grayscale To Launch Diversified Large Cap Fund for Public Trading

Crypto News Point

Nov 25, 2019
1 min

Grayscale To Launch Diversified Large Cap Fund for Public Trading

Grayscale Investments, the US-based digital asset management is soon launching its diversified cryptocurrency investment product for public trading. On Nov. 22, the firm announced that trading will soon be available on the over-the-counter (OTC) share trading marketplace OTCQX Best Market. Products Include 5 Major Cryptos Including BTC ETH Dubbed as Grayscale Digital Large Cap Fund (DLC), the product includes five major cryptos including Bitcoin and Ether. DLC is an open-ende

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