Archives

January 7, 2021 @ 10:29 am By JD Alois  |  

Michael Sonnenshein, Managing Director of Grayscale Investments, will take over as CEO of the digital asset firm. Barry Silbert, founder of Grayscale, will step down as CEO but remain CEO of the parent company Digital Currency Group. In a release, Silbert commented on the change… Read More

December 29, 2020 @ 11:35 am By Samantha Hurst  |  

Grayscale Investments, a digital asset management firm that offers retail investors the ability to invest in crypto via listed funds, revealed on Monday it has reached $19 billion in AUM. This milestone comes just a little over a month after Grayscale announced it had more… Read More

November 15, 2020 @ 7:51 pm By Omar Faridi  |  

Kevin Rooke, a digital asset analyst who’s well-known for his insightful tweets, recently noted that Grayscale, one of the largest institutional investors in the crypto space, is “on fire.” Rooke revealed that Grayscale’s Bitcoin (BTC) Investment Trust now holds around 506,000 BTC, which is about… Read More

August 20, 2020 @ 5:49 pm By JD Alois  |  

  What is Bitcoin worth? Or, even better, what will Bitcoin be worth a month from now? Or a year from today? When purchasing (investing) Bitcoin it really comes down to future expectations as to whether, or not, the price of Bitcoin will rise or… Read More

August 17, 2020 @ 3:45 pm By JD Alois  |  

Grayscale Investments has announced that Grayscale Bitcoin Cash Trust and Grayscale Litecoin Trust have received DTC-eligibility to trade. Shares of Grayscale Bitcoin Cash Trust will be available to trade on OTC Markets under the symbol: BCHG and shares of Grayscale Litecoin Trust will be available… Read More

July 20, 2020 @ 3:21 pm By JD Alois  |  

Grayscale Investments has announced that shares of both Grayscale Bitcoin Cash Trust and Grayscale Litecoin Trust have received regulatory approval from FINRA for public quotation under symbols: BCHG and LTCN on OTC Markets. Grayscale states that this is the first publicly-quoted securities in the U.S…. Read More

July 15, 2020 @ 11:59 am By JD Alois  |  

Grayscale, a digital currency asset manager, is reporting growing interest in its crypto-focused funds. In fact, during Q2, total investment into Grayscale’s products hit $905.8 million. That is double what was previously reported in Q1 and 1.5X the entire amount of capital raised during 2019…. Read More

June 26, 2020 @ 1:58 pm By Omar Faridi  |  

Grayscale Investments, a subsidiary of the Barry Silbert’s Digital Currency Group, has now acquired nearly $500 million in Bitcoin (BTC), since the cryptocurrency went through its third block reward halving on May 11, 2020 – a critical even that effectively reduced the BTC supply by… Read More

August 2, 2019 @ 9:29 am By JD Alois  |  

Effective the end of last month, digital asset manager Grayscale will use Coinbase Custody as their custodian for their “single-asset investment products” including digital currencies as well as publicly listed funds: Grayscale Bitcoin Trust (OTCQX: GBTC) Grayscale Ethereum Trust (OTCQX: ETHE), and Grayscale Ethereum Classic… Read More

March 8, 2018 @ 4:19 pm By Erin Hobey  |  

Grayscale Investments, LLC, a digital currency investing authority, launched four new investment products including Bitcoin Cash Investment Trust, Ethereum Investment Trust, Litecoin Investment Trust and XRP Investment Trust.  As of 28 February 2018, Grayscale reported possessed $2.1 billion in assets under management. Barry Silbert, Digital Currency… Read More