Chicago-based Rothschild Investment Corporation recently increased its position in Grayscale Bitcoin Trust to 30,454 shares, a 24% increase from October.
- The institutional investment manager of $1.4 billion disclosed Monday its shares in the trust were worth $975,000 at the end of 2020.
- Rothschild Investment first bought shares of Grayscale's bitcoin vehicle in 2017 but appeared to have exited that position shortly after. It began buying again in 2019.
- Grayscale is owned by CoinDesk parent company Digital Currency Group.
Disclosure
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.