A survey from Grayscale Investments suggests interest in bitcoin is on the rise, with the coronavirus being a driver of new investors.
Institutional bitcoin investors are looking at "how else they can diversify within the asset class," said Michael Sonnenshein.
The trust’s shares are now registered under the Exchange Act of 1934, making the Grayscale Bitcoin Trust the first cryptocurrency investment vehicle to become a reporting company.
The digital currency asset manager will offer its Digital Large Cap Fund on over-the-counter markets.
Bitcoin has a distinct set of properties unlike any other asset, argues the world's largest cryptocurrency asset manager.
In the wake of the 51 percent attack on ethereum classic, the manager of an investment vehicle that holds the cryptocurrency has reassured investors their funds are safe.
Grayscale Investments, the creator of the Bitcoin Investment Trust, is launching four new trusts for ethereum, litecoin, XRP and bitcoin cash today.