Grayscale Launches 5 New Crypto Investment Products as Investor Demand for Cryptocurrencies Soars

Grayscale Launches 5 New Crypto Investment Products as Investor Demand for Cryptocurrencies Soars

Grayscale Investments has actually released 5 brand-new cryptocurrency financial investment items, which are currently offered for membership by qualified private and also institutional certified financiers. The business currently supplies an overall of 14 crypto financial investment items.

  • The brand-new items are the Basic Attention Token (BAT) Trust, the Chainlink (LINK) Trust, the Decentraland (MANA) Trust, the Filecoin (FIL) Trust, and also the Livepeer (LPT)Trust They work the like Grayscale’s various other single-asset investment company, the business revealed Wednesday.
  • Grayscale’s various other single-asset financial investment items give direct exposure to bitcoin, bitcoin money, ethereum, ethereum standard, horizen, litecoin, excellent lumens, and also zcash. The business additionally supplies the Digital Large Cap Fund, which offers direct exposure to the leading cryptocurrencies by market capitalization.
  • As of March 16, Grayscale Investments has $42.9 billion in web properties under administration (AUM) throughout every one of its items.
  • Some Grayscale items are publicly-traded on OTC markets, consisting of OTCQX. They consist of the Bitcoin Trust (GBTC), Bitcoin Cash Trust, Ethereum Trust, Ethereum Classic Trust, Litecoin Trust, and also the Digital Large Cap Fund.
  • Grayscale CEO Michael Sonnenshein commented:

Digital money have actually gotten to an inflection factor. Investor need has actually never ever been greater, and also daily we’re seeing brand-new participants to what has definitely come to be an authentic property course.

What do you think of Grayscale’s brand-new crypto financial investment items? Let us understand in the remarks area listed below.

Tags in this tale
basic attention token, bitcoin trust, Chainlink, Decentraland, Filecoin, GBTC, grayscale, Grayscale Funds, Grayscale Investments, grayscale stock, investment trusts, livepeer

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Published at Wed, 17 Mar 2021 21:30:00 +0000