The Palo Alto, Calif.-based firm has expanded its roster of investment vehicles to include the Grayscale Bitcoin Trust and Grayscale Ethereum Trust.
Institutional demand propels filecoin ahead of litecoin.
Sonnenshein thinks U.S. regulators aren't ready to approve a bitcoin ETF yet.
Grayscale, via its early-entrant GBTC bitcoin trust, has become one of the most common ways for institutional investors to gain exposure to cryptocurrencies.
Up to 15% of the fund would be invested in bitcoin, solely through the Grayscale Bitcoin Trust.
Nine new job postings indicate Grayscale is considering joining the race to win the SEC’s first bitcoin ETF approval.
Grayscale Investments, the world’s largest digital asset manager, has filed to register a new cryptocurrency trust for Yearn Finance (YFI).
The ether trust had been closed in late December.
A web page has been set up for the donation matching campaign that runs through February.
A bearish outlook may be triggered if bitcoin doesn't claw its way back over $40,000, the analysts said.
In Q4 2020, the company raised $3.3 billion across its cryptocurrency investment vehicles.
Grayscale's ether and XRP trusts are still closed to new investors.
Grayscale's managing director, Michael Sonnenshein, has now been appointed CEO.
The digital asset manager held $19 billion in assets under management as of Monday, up from last week's $16.4 billion.
Grayscale periodically closes off its crypto trusts to so-called "private placement" rounds.