Grayscale launches four additional crypto-currency trustsMarch 9, 2018
The investment portfolio of Grayscale grew to seven.
Grayscale Investments Inc. Investment Fund announced the inclusion in the trust investment portfolio of four new crypto-currencies – Ethereum, Bitcoin Cash, Litecoin and Ripple.
The total number of crypto-currencies supported by Grayscale Investments Inc. increased to seven, reports BTCManager.
Grayscale is a subsidiary of Digital Currency Group (DCG), owned by the pioneer of crypto invasion, Barry Silbert. The total size of the portfolio, managed by Grayscale, is estimated at about 2,1 billion dollars. Grayscale is also one of three companies whose applications for Bitcoin -ETF are considered by the US SEC.
Michael Zonenshain, Managing Director of Grayscale, commented in his commentary that additional crypto-currencies are offered as part of the program to expand investment opportunities for Grayscale customers.
He also claims that in 2017 the company had only one crypto investment offer, but now the company has eight investment tools for those wishing to invest in crypto-currencies.
Author: Evgenij Novožilov, Analyst Freedman Club Crypto News
Image from Fotolia
Source: Read Full Article