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2021.04.16

Rothschild Investment Buys $4.75M Initial Stake in Grayscale Ethereum Trust

The asset manager disclosed Thursday its shares in the Ethereum trust were worth $4.75 million as of March 31. Rothschild announced on the 15th that it has purchased 265,302 units of “Grayscale Ethereum Trust” operated by Grayscale Investments of the United States. According to the disclosure report, the holding amount is equivalent to 4.75 million dollars (about 518 million yen) Rothschild has already invested in the Grayscale Bitcoin Trust, but this time it has bought about 8,000 more units, bringing its holdings to 38,346 units. Headquartered in New York, Grayscale is a company that manages cryptocurrency investment funds (investment trusts) for institutional investors. Grayscale’s parent company is the Digital Currency Group, a venture capital firm that invests in crypto assets and the blockchain space.   https://www.coindesk.com/rothschild-investment-buys-4-75m-initial-stake-in-grayscale-ethereum-trust #bitcoin #assetmanagement

https://www.coindesk.com/rothschild-investment-buys-4-75m-initial-stake-in-grayscale-ethereum-trust

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