Grayscale Investments, a digital currency asset manager, created five new cryptocurrency investment trusts, bringing the total number of investment products to 14.

 

 

New funds, Grayscale Basic Attention Token Trust; Grayscale Chainlink Trust; Grayscale Decentraland Trust; Grayscale consists of Filecoin Trust and Grayscale Livepeer Trust.

Grayscale CEO Michael Sonnenshein made the following statement on the subject:

Digital currencies have reached the turning point. Investor demand has never been higher, and every day we see new entries into an absolutely bona fide asset class. Grayscale has long been a leader in creating new ways for investors to access the opportunities digital currencies can offer, and this announcement continues this tradition. We look forward to working with our global investor base, growing team and regulators to move this industry forward.

New mutual funds are now open to daily evaluation by eligible individual and institutional accredited investors.

Investment products function the same as Grayscale’s other single-wealth investment trusts. Each of these is among the first investment products to invest exclusively in digital currencies that form the basis of Basic Attention Token (BAT), Chainlink (LINK), Decentraland (MANA), Filecoin (FIL) and Livepeer (LPT).
Grayscale’s other single asset investment products are bitcoin (BTC), bitcoin cash (BCH), ether (ETH), ethereum classic (ETC), horizen (ZEN), litecoin (LTC), Stellar lumens (XLM) and zcash (ZEC) It enables to invest in).

In addition, Grayscale Investments’ diversified investment product Grayscale Digital Large Cap Fund allows you to invest in the best digital currencies according to market value.
Grayscale’s investment products can be used by institutional and individual accredited investors through relevant periodic and ongoing private placements.

See Also
Grayscale Buys Another 50,000 Ethereum! Will ETH Rise Continue?

Some Grayscale products are publicly traded on OTC Markets, including OTCQX 1. Stocks of these products, not restricted by SEC rules and regulations, can be traded throughout the day through any brokerage account.

These products are as follows: Grayscale Bitcoin Trust (OTCQX: GBTC); Grayscale Bitcoin Cash Trust (OTCQX: BCHG); Grayscale Ethereum Trust (OTCQX: ETHE); Grayscale Ethereum Classic Trust (OTCQX: ETCG); Grayscale Litecoin Trust (OTCQX: LTCN); and Grayscale Digital Big Equity Fund (OTCQX: GDLC).

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