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…