Shares in Grayscale’s Ether Trust Plummet 50% — and It’s Still Expensive
The premium on shares in Grayscale’s Ethereum Investment Trust plummeted 50% in less than one week. Go to Source Powered by WPeMatico
grayscale
Auto Added by WPeMatico
Grayscale Continues its Aggressive Bitcoin Buying Spree
At this time, the company has $4.2 billion in assets under management, which is a more than respectable number. It also appears that Grayscale Investment is turning heads among institutional investors. Go to Source Powered by WPeMatico
Someone Is Buying Shares in Grayscale’s Ether Trust for More Than $2,000
Grayscale Investments’ Ethereum Investment Trust shares are currently trading at roughly 150% of ETH’s all-time price high, signaling strong institutional demand. Go to Source Powered by WPeMatico
Exclusive: Wilshire Differentiates its Fund From Grayscale, Says “Investors Deserve More”
Wilshire tells Cointelegraph how its publicly listed Bitcoin fund will differ from other U.S. competition. Go to Source Powered by WPeMatico
Wilshire Phoenix Files With SEC for Publicly Traded Bitcoin-Backed Fund
Investment firm Wilshire Phoenix just filed with the SEC for a tradeable Bitcoin fund similar to the Grayscale Bitcoin Trust. Go to Source Powered by WPeMatico
Investor Claims There’s No Way to Cash Out From Grayscale’s Bitcoin Trust
An investor raised a major criticism about the way in which the Grayscale Bitcoin Trust is set up. Go to Source Powered by WPeMatico
One Third of Institutions Have Invested in Crypto Says Fidelity
A survey published by Fidelity has found that more than one-third of institutional investors globally are exposed to crypto assets. Go to Source Powered by WPeMatico
Grayscale is Buying Up More Than Just Bitcoin
22% of crypto fund manager Grayscale Investments’ purchases have been Ether throughout 2020 so far, totaling $110 million worth of accumulation. Go to Source Powered by WPeMatico
Crypto Funds in Demand, Institutions See Bitcoin as Alternative Hedge
Grayscale Investments has been gobbling up Bitcoin in recent months, and most of its investors are institutions — but other funds are doing it, too. Go to Source Powered by WPeMatico
Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving
Grayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrency, which is expected to grow significantly post the coronavirus crisis. GBTC Buys 1.5 Times the Amount of Bitcoin Mined After Halving … Read more