Grayscale Investments Secures More Than $1 Billion in New Investments in Q3
Posted October 14, 2020
Grayscale Investments®, the world’s largest digital currency asset manager, today released its 3Q20 Grayscale Digital Asset Investment Report, a comprehensive report that highlights investment activity across the Grayscale family of products. During the third quarter of 2020, Grayscale raised $1.05 billion into its investment products, marking the largest capital inflow in a single quarter in the firm’s history. Year-to-date investment into the Grayscale family of products has surpassed $2.4 billion, more than double the $1.2 billion cumulative inflow into the products from 2013-2019.
Grayscale Ethereum Trust Becomes SEC Reporting Company
Posted October 12, 2020
Grayscale Investments®, the world’s largest digital currency asset manager and sponsor of Grayscale® Ethereum Trust (OTCQX: ETHE) (the “Trust”), today announced that the Registration Statement on Form 10 that it filed with the Securities and Exchange Commission (“SEC”) on behalf of the Trust has become effective. The Trust is now an SEC reporting company with its shares registered pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
Grayscale Digital Large Cap Fund Announces Resumption of Private Placement
Posted August 31, 2020
Grayscale Investments, the world’s largest digital currency asset manager and manager of Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (the Fund), today announced that the Fund will resume the private placement of its shares. The Fund’s private placement is offered on a periodic basis throughout the year and is currently available to accredited investors for daily subscription.*
Trading to Commence for Grayscale Bitcoin Cash Trust and Grayscale Litecoin Trust
Posted August 17, 2020
Grayscale Investments®, the world’s largest digital currency asset manager, today announced that Grayscale® Bitcoin Cash Trust and Grayscale® Litecoin Trust have received DTC-eligibility. Eligible Shares of Grayscale Bitcoin Cash Trust will be available to trade on OTC Markets under the symbol: BCHG and eligible Shares of Grayscale Litecoin Trust will be available to trade on OTC Markets under the symbol: LTCN. This announcement follows FINRA’s verification that the required diligence to begin quoting BCHG and LTCN pursuant to Rule 15c2-11 under the Securities Exchange Act of 1934, as amended, has been completed.
Grayscale Debuts New TV Campaign: The History of Money
Posted August 10, 2020
Grayscale Investments®, the world’s largest digital currency asset manager, today revealed its latest national advertising initiative. The campaign aims to elevate awareness of Grayscale’s brand and its products.
Grayscale Ethereum Trust Files Form 10 with SEC
Posted August 6, 2020
Grayscale Investments®, the world’s largest digital currency asset manager and sponsor of Grayscale® Ethereum Trust (OTCQX: ETHE), today announced that it has publicly filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) on behalf of Grayscale Ethereum Trust.*
Grayscale Investments Publishes The Digital Currency Toolkit for Financial Advisors
Posted July 28, 2020
Grayscale Investments®, the world’s largest digital currency asset manager, today launched a new educational resource for financial advisors and wealth managers. “The Digital Currency Toolkit for Financial Advisors” is a free resource that provides financial advisors the information they need to counsel clients about the role of digital currencies in an investment portfolio.
Grayscale Investments Announces Approval of Public Quotations for Eligible Shares of Grayscale Bitcoin Cash Trust and Grayscale Litecoin Trust
Posted July 20, 2020
Grayscale Investments®, the world’s largest digital currency asset manager, today announced that Shares of both Grayscale® Bitcoin Cash Trust and Grayscale® Litecoin Trust have received approval from FINRA for public quotation under symbols: BCHG and LTCN respectively on OTC Markets, marking the introduction of the first publicly-quoted securities in the U.S. deriving value from Bitcoin Cash (BCH) and Litecoin (LTC).
Replay Now Available: Grayscale Mid-Year Investor Call
Posted July 17, 2020
Grayscale Investments®, the world’s largest digital currency asset manager, hosted an investor call featuring its Founder & CEO, Barry Silbert and other members of the Grayscale team on July 16, 2020.
Grayscale Investments Secures Nearly $1 Billion in New Investments in Q2
Posted July 15, 2020
Grayscale Investments®, the world’s largest digital currency asset manager, today released its 2Q20 Grayscale Digital Asset Investment Report, a comprehensive report that highlights investment activity across the Grayscale family of products. During the second quarter of 2020, Grayscale raised $905.8 million into its investment products, marking a nearly 80% quarter-over-quarter increase and the largest capital inflow in a single quarter in the firm’s history.
Grayscale CEO Barry Silbert to Speak on Investor Call on July 16, 2020
Posted July 13, 2020
Grayscale Investments, the largest digital currency asset manager, today announced that its Chief Executive Officer and Founder, Barry Silbert, will be featured on an investor call on Thursday, July 16, 2020 at 1:00 PM Eastern Daylight Time.
Grayscale Digital Large Cap Fund Announces Resumption of Private Placement
Posted July 10, 2020
Grayscale Investments®, the world’s largest digital currency asset manager and manager of Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (the Fund), today announced that the Fund will resume the private placement of its shares. The Fund’s private placement is offered on a periodic basis throughout the year and is currently available to accredited investors for daily subscription.
Grayscale Investments Announces Strongest Quarter Ever with Half a Billion Raised in First Quarter
Posted April 16, 2020
Grayscale Investments®, the world’s largest digital currency asset manager, today released its 1Q20 Grayscale Digital Asset Investment Report, a comprehensive report that highlights investment activity across the Grayscale family of products. During the first quarter of 2020, Grayscale raised $503.7 million into its investment products, marking the largest capital inflow in a single quarter in the firm’s history.
Grayscale Digital Large Cap Fund Announces Ticker Symbol Change to “GDLC”
Posted April 14, 2020
New York, Apr. 14, 2020 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest digital currency asset manager and manager of Grayscale® Digital Large Cap Fund, today announced that the ticker symbol for the Fund on the OTCQX® Best Market has changed from “GDLCF” to “GDLC”.
Grayscale Digital Large Cap Fund Announces Resumption of Private Placement
Posted April 9, 2020
New York, Apr. 9, 2020 (GLOBE NEWSWIRE) — Grayscale Investments, the world’s largest digital currency asset manager and manager of Grayscale® Digital Large Cap Fund (OTCQX: GDLCF) (the Fund), today announced that the Fund will resume the private placement of its shares. The Fund’s private placement is offered on a periodic basis throughout the year and is currently available to accredited investors for daily subscription.
TradeBlock and Grayscale Investments Partner to Publish TradeBlock Grayscale Digital Large Cap Index (DLCX)
Posted February 27, 2020
New York, Feb. 27, 2020 (GLOBE NEWSWIRE) — TradeBlock, the world’s leading provider of institutional indices, tools, data, and post-trade infrastructure for digital currencies, and Grayscale Investments, the world’s largest digital currency asset manager and manager of Grayscale® Digital Large Cap Fund (OTCQX: GDLCF),* today announced the launch of the TradeBlock Grayscale Digital Large Cap Index (DLCX), a market-leading index that provides market participants increased visibility into the daily performance and composition of GDLCF.
Grayscale Investments February Investor Call Available for Replay
Posted February 12, 2020
New York, Feb. 12, 2020 (GLOBE NEWSWIRE) — Grayscale Investments, the world’s largest digital currency asset manager, today announced it hosted an investor call featuring its Founder & CEO, Barry Silbert, and Director, Rayhaneh Sharif-Askary. The investor call featured a range of topics surrounding the digital currency ecosystem, including historical price movements and flows, current trends, and future outlook.
Grayscale Bitcoin Trust Becomes SEC Reporting Company
Posted January 21, 2020
New York, Jan. 21, 2020 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest digital currency asset manager and sponsor of Grayscale® Bitcoin Trust* (OTCQX: GBTC) (the “Trust”), today announced that the Registration Statement on Form 10 that it filed with the Securities and Exchange Commission (“SEC”) on behalf of the Trust has been deemed effective. The Trust is now an SEC reporting company with its shares registered pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).**
Grayscale Investments Closes Out 2019 with Record Year, Raising Over $600 Million
Posted January 16, 2020
New York, Jan. 16, 2020 (GLOBE NEWSWIRE) — Grayscale Investments®, the largest digital currency asset manager, today released its 2019 Grayscale Digital Asset Investment Report, a comprehensive report that highlights investment activity and performance across the Grayscale family of products in 2019. During the fourth quarter of 2019, Grayscale raised $225.5 million into its investment products, bringing assets raised for the full-year to $607.7 million.
Grayscale Bitcoin Trust Announces Resumption of Private Placement
Posted January 13, 2020
NEW YORK, Jan. 13, 2020 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest digital currency asset manager and sponsor of Grayscale® Bitcoin Trust (OTCQX: GBTC) (the “Trust”), today announced that the Trust will resume the private placement of its shares. The Trust’s private placement is offered on a periodic basis throughout the year and is now currently available to accredited investors for daily subscription.
Research Shows Female Investors Represent a Significant Market for Bitcoin
Posted December 10, 2019
New York, Dec. 10, 2019 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest digital currency asset manager, today released “Investing in Bitcoin: Perspectives from Female Investors,” a research report examining female sentiment toward Bitcoin. This report expands on the data from “Bitcoin: An Investor Study,” which examined retail investors’ interests, perceptions, and misconceptions about Bitcoin.
Trading to Commence for Grayscale Digital Large Cap Fund
Posted November 22, 2019
NEW YORK, Nov. 22, 2019 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest digital currency asset manager, today announced that Grayscale® Digital Large Cap Fund (DLC) has received DTC eligibility and eligible Shares will be available to trade on the OTCQX® Best Market, the top tier of marketplaces operated by OTC Markets Group, Inc., under the symbol: GDLCF.
Grayscale Bitcoin Trust Files Form 10 with SEC
Posted November 19, 2019
New York, Nov. 19, 2019 (GLOBE NEWSWIRE) — Grayscale Investments®, the largest digital currency asset manager and sponsor of Grayscale® Bitcoin Trust (OTCQX: GBTC), today announced that it has publicly filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) on behalf of Grayscale Bitcoin Trust.*
Grayscale Investments Releases Second Wave of National Advertising Campaign
Posted October 23, 2019
New York, Oct. 23, 2019 (GLOBE NEWSWIRE) — Grayscale Investments®, the largest digital currency asset manager, today unveiled new creative as part of its ongoing #DropGold campaign. The campaign promotes Bitcoin and Grayscale’s flagship investment product, Grayscale® Bitcoin Trust (OTCQX: GBTC), as alternatives to investing in gold through compelling video ads and additional creative content.
Grayscale Investments Announces Record Fundraising with More than a Quarter Billion Dollars Raised in Q3
Posted October 15, 2019
New York, Oct. 15, 2019 (GLOBE NEWSWIRE) — Grayscale Investments®, the largest digital currency asset manager, today released its Q3 2019 Grayscale Digital Asset Investment Report, a comprehensive report that highlights investment activity and performance across the Grayscale family of products from July 1, 2019 through September 30, 2019.
Grayscale Investments Announces Approval of Public Quotation for Eligible Shares of Grayscale Digital Large Cap Fund
Posted October 14, 2019
New York, Oct. 14, 2019 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest digital currency asset manager, today announced that Shares of Grayscale® Digital Large Cap Fund (DLC) have received approval from FINRA for public quotation under symbol: GDLCF on OTC Markets. This marks the introduction of the first publicly-quoted security in the U.S. deriving value from a diverse selection of digital currencies.
Grayscale Bitcoin Trust Announces Resumption of Private Placement
Posted October 8, 2019
New York, Oct. 08, 2019 (GLOBE NEWSWIRE) — Grayscale Investments, LLC, the world’s largest digital currency asset manager and the sponsor (the “Sponsor”) of Grayscale® Bitcoin Trust (OTCQX: GBTC) (the “Trust”), today announced that the Trust will resume the private placement of its shares. The Trust private placement is offered on a periodic basis throughout the year and is now currently available to accredited investors for daily subscription.
Grayscale Selects Coinbase Custody as Custodian
Posted August 2, 2019
New York, Aug. 02, 2019 (GLOBE NEWSWIRE) — Grayscale Investments, the largest digital currency asset manager, today announced that it has entered into agreements with Coinbase Custody to serve as Custodian for the underlying assets for each of its products, effective July 29, 2019.
Grayscale Investments Study Reveals More Than a Third of U.S. Investors Are Interested in Bitcoin
Posted July 25, 2019
New York, July 25, 2019 (GLOBE NEWSWIRE) — Grayscale Investments, a global leader in digital currency asset management, today released “Bitcoin: 2019 Investor Study,” a first of its kind survey examining retail investors’ interests, perceptions, and misconceptions about investing in Bitcoin. The study, conducted by financial market research firm Q8, identifies the profiles and demographics of investors interested in the digital currency.
Grayscale CEO Barry Silbert Mid-Year Update Investor Call Available for Replay
Posted July 11, 2019
New York, July 11, 2019 (GLOBE NEWSWIRE) — Grayscale Investments, the largest digital currency asset manager, today announced it hosted an investor call featuring its Founder & CEO, Barry Silbert. The mid-year update covers a range of topics surrounding the digital currency ecosystem, including historical price movements and flows, current trends, and perspectives going into the second half of the year.
Grayscale CEO Barry Silbert to Speak on Investor Call
Posted July 10, 2019
New York, July 01, 2019 (GLOBE NEWSWIRE) — Grayscale Investments, the largest digital currency asset manager, today announced that its Chief Executive Officer and Founder, Barry Silbert, will be featured on an investor call on Wednesday, July 10 at 11:00 AM Eastern Daylight Time. The call is open to the public but limited to 3,000 live participants. To register for the investor call, please visit https://gryscl.co/July10_InvestorCall.
Grayscale Bitcoin Trust Announces Resumption of Private Placement
Posted July 8, 2019
Grayscale Investments, the sponsor (the “Sponsor”) of Grayscale Bitcoin Trust (OTCQX: GBTC) (the “Trust”), today announced that the Trust will resume the private placement of its shares. The Trust private placement is offered on a periodic basis throughout the year and is now currently available to accredited investors for daily subscription.
This Fund Is Riding Bitcoin to Top
Posted June 30, 2019
Bitcoin is booming again. One of the biggest beneficiaries is a fund that provides everyday investors with access to the world’s most popular cryptocurrency. In the second quarter, the price of bitcoin more than tripled, reaching a high of almost $14,000 before cooling down to around $12,000 in the last week of June, according to research site CoinDesk.
Trading Commences for Grayscale Ethereum Trust
Posted June 20, 2019
Following FINRA approval for a public quotation and DTC eligibility, ETHE is now available to trade on the OTC Markets under symbol: ETHE. Launched in 2017, ETHE is sponsored by Grayscale. ETHE is an open-ended trust that holds Ethereum and derives its value solely from the value of Ethereum.
Grayscale Investments Announces Approval of Public Quotation for Eligible Shares of Grayscale Ethereum Trust
Posted May 23, 2019
Launched in 2017 and sponsored by Grayscale, ETHE is an open-ended trust that holds Ethereum and derives its value solely from the value of Ethereum. Investors in ETHE can gain exposure to the price movement of Ethereum without the challenges of buying, storing, and safekeeping Ethereum.
Grayscale to Investors: Drop Gold
Posted May 1, 2019
Grayscale has always been at the forefront of innovation in the digital currency ecosystem. In 2013, we launched what would become the first-ever publicly quoted Bitcoin investment product in the U.S., Grayscale Bitcoin Trust (OTCQX: GBTC). Initially met with skepticism and doubt by many traditional investors and industry observers, GBTC developed into the largest bitcoin investment product in the world, a clear market leader among many imitators. We continued to lead by being the first to offer exposure to several other digital assets, launching nine additional products over the past two and a half years, and emerging as the world’s largest digital currency asset manager.
Grayscale Releases 2018 Digital Asset Investment Report
Posted February 14, 2019
Grayscale Investments, LLC, a global leader in digital currency asset management, today released its 2018 Grayscale Digital Asset Investment Report, a comprehensive report that highlights investment activity across the Grayscale family of products in 2018. Grayscale raised $359.5 million into its single-asset and diversified investment products, marking the strongest fundraising year in Grayscale’s history and nearly three times more capital than was raised in 2017.
Webinar: The State of Digital Currencies with Grayscale Investments
Posted February 13, 2019
Grayscale Investments, LLC, a global leader in digital currency asset management, today shared its first ever webinar, hosted by CEO, Barry Silbert, and Managing Director, Michael Sonnenshein.
Yes, There Is A Bitcoin Fund You Can Invest In Now
Posted January 31, 2019
At last count the Securities and Exchange Commission has rejected applications for 11 bitcoin exchange-traded funds. And earlier this month Bitwise Asset Management threw its hat in the ring when it filed an initial registration statement with the SEC for a physically held bitcoin ETF.
Grayscale Adds Ripple Competitor Stellar to Crypto Portfolio
Posted January 17, 2019
Grayscale Investments, the company behind the Bitcoin Investment Trust, announced on Thursday it will offer a fund to let professional investors gain exposure to Stellar and its digital currency known as Lumens.
Grayscale Launches Stellar Lumens Trust
Posted January 17, 2019
Grayscale Investments, LLC, a global leader in digital currency asset management, today announced it has launched Grayscale Stellar Lumens Trust, the first single-asset investment product that provides exposure to Lumens (XLM), the native asset of the Stellar network. This is the ninth single-asset investment product introduced by Grayscale, which also manages Grayscale Digital Large Cap Fund™, a diversified investment product that provides exposure to the top digital currencies by market cap.
Grayscale Investments Appointment and Departure of Certain Officers
Posted December 24, 2018
On December 21, 2018, Simcha Wurtzel was appointed as Vice President, Finance of Grayscale Investments, LLC (the “Company”). Mr. Wurtzel’s appointment follows the resignation of Samantha McDonald as officer of the Company. Mr. Wurtzel previously served as Vice President, Finance and Controller of the Company from May 2013 to April 2018. In addition to his role at the Company, Mr. Wurtzel is the Vice President of Finance and Controller of Digital Currency Group, Inc. From 2007 to 2015 he served as the Financial and Operations Principal for DCG Holdco, Inc. (formerly known as SecondMarket Holdings, Inc.). Mr. Wurtzel holds a B.S. degree in accounting from Touro College, New York.
$1.5 billion Grayscale reports record inflows, as institutions pour money into the crypto fund manager
Posted November 1, 2018
Grayscale, the digital asset asset manager, saw year-to-date inflows hit $330 million, according to its Q3 Investment Report. The report, released on Thursday, provides an overview of the firm’s business over the last three months. Per the report, Grayscale raised $81.1 million in Q3. The $330 million figure outperforms inflows through three quarters in previous years. In the same amount of time, the firm brought in a mere $25 million in 2017 and $17 million in 2016. “This marks the strongest year-to-date inflows through September that we’ve experienced during any calendar year since the inception of our business.”
Crypto Investment Stays Strong Amid Price Slump
Posted November 1, 2018
Big investors poured $81 million into cryptocurrency products offered by Grayscale Investments in the third quarter of 2018 and $330 million so far this year, according to a new report from the crypto asset manager.
Crypto investment firm Grayscale rakes in $330 million this year despite bitcoin bear market
Posted November 1, 2018
New York- based Grayscale, a subsidiary of Digital Currency Group, brought in $81.1 million in total investments for the third quarter, according to a company report published Thursday. The 33 percent uptick from the previous three months brings Grayscale’s inflows for the year to $330 million, its strongest year-to-date total since the firm started five years ago. At this time last year, the firm had raised a total $25.4 million by comparison. The firm now has $1.5 billion in customer assets.
Grayscale Makes $6.3 Million Bet on Cryptocurrency Zen
Posted September 6, 2018
Grayscale Investments, the company behind the Bitcoin Investment Trust, is creating a new fund whose sole focus is on Horizen, a little known platform that hosts a currency called Zen. The investment is notable because some large institutions rely on Grayscale’s funds to own cryptocurrency, and because of the privacy focus of Horizen.
ZEN Masters: Grayscale Launches New Investment Trust For Zcash Spinoff
Posted September 6, 2018
Grayscale Investments, the world’s largest digital currency asset manager, formally launched its ZEN Investment Trust on Thursday, bringing the firm’s suite of regulated cryptocurrency investment offerings to nine in total.
Grayscale Investments Launches Zen Investment Trust
Posted September 6, 2018
Grayscale Investments, LLC, a global leader in digital currency asset management, today announced the launch of Zen Investment Trust, a single-asset investment vehicle solely comprised of ZEN, a privacy-focused digital currency. Zen Investment Trust is the eighth single-asset investment product introduced by Grayscale, and the first security solely invested in ZEN. In addition to its single-asset products, Grayscale also manages Digital Large Cap Fund™, a diversified investment product that provides exposure to the top digital currencies by market cap.
Grayscale Releases First-Ever Digital Asset Investment Report
Posted July 18, 2018
Grayscale Investments, LLC, a global leader in digital currency asset management, today released the inaugural Grayscale Digital Asset Investment Report, a first-of-its-kind report that highlights industry trends and analyzes investment activity across the Grayscale family of products during the first half of 2018.
Grayscale Investments Announces Approval of Public Quotation for Eligible Shares of Ethereum Classic Investment Trust
Posted May 4, 2018
Grayscale Investments, LLC, a leader in digital currency asset management and the sponsor of Bitcoin Investment Trust (OTCQX: GBTC), today announced that common units of fractional undivided beneficial interest (“Shares”) in Ethereum Classic Investment Trust (the “Trust”) were approved by FINRA for a public quotation (OTCQX: ETCG) on OTC Market’s OTCQX® Best Market.
Grayscale Investments Hires Samantha McDonald to Lead Finance Team
Posted April 24, 2018
Grayscale Investments, LLC, a global leader in digital currency asset management, today announced that Samantha McDonald has joined…
Grayscale Doubles Offerings With Four New Cryptocurrency Funds
Posted March 6, 2018
Grayscale Investments Inc. announced four new funds Tuesday, each focused on a separate cryptocurrency, effectively doubling the number of its offerings. And there may be more on the way…
XRP, BCH, LTC & ETH: Grayscale Adds 4 New Crypto Trusts
Posted March 6, 2018
Grayscale Investments, the creator of the Bitcoin Investment Trust, is launching four new trusts today, doubling its number of products aimed at helping investors explore cryptocurrencies…
Grayscale Launches Fund for Top Crypto Assets
Posted February 8, 2018
The creator of the Bitcoin Investment Trust is today launching its fourth fund aimed at giving accredited investors a way to explore cryptocurrencies…
Grayscale Launches New ‘Digital Large Cap Fund’ Tied to 5 Top Cryptocurrencies
Posted February 7, 2018
The company that launched Bitcoin Investment Trust (GBTC), the first publicly traded stock to offer exposure to the price of bitcoin, is at it again…
What You Need to Know About Bitcoin Funds
Posted January 7, 2018
After all the tumult and rapid growth in bitcoin markets recently, you might wonder what is going on with the investment funds that own the digital currency. Turns out there is even more tumult and growth than in bitcoin itself…
Bitcoin led the best-performing ETFs this year
Posted December 29, 2017
The research director behind one of 2017’s top-performing exchange-traded funds is still betting on bitcoin and electric, self-driving cars. Thanks to an early investment in the Bitcoin Investment Trust (GBTC), Ark Web x.0 ETF (ARKW) and the…
Shares to be Issued In Ethereum Classic Investment Trust
Posted November 14, 2017
Grayscale Investments, a cryptocurrency investment firm that belongs to the Digital Currency Group has just released a statement indicating their intent to file for the creation of new shares for their Ethereum Classic Investment Trust. Grayscale Investments currently manages $1.2 billion in assets…
ZCash Investment Trust Launches, Expanding Investor Options For Cryptocurrency Exposure
Posted November 9, 2017
It’s now possible for some investors — wealthy ones — to obtain exposure in traditional, tax-advantaged investment accounts to hot privacy coin Zcash…