Rothschild Investment Ramped Up Investment In Bitcoin And Became Interested In Ethereum

The financial corporation Rothschild Investment has increased its positions in the Grayscale Bitcoin Trust (GBTC) and acquired the shares of the Ethereum-based trust. This is stated in the application form 13F for the US Securities and Exchange Commission.

At the time of writing, the corporation owns 38,346 GBTC shares. In January 2021, there were 30,454 of them.

The application also indicates the position on the Ethereum-trust Grayscale – 265,302 shares.

In 2017, Rothschild Investment Corporation acquired GBTC shares for $ 210,000. Later, the media reported that the corporation was not associated with the Rothschild dynasty.

Recall that the total amount of assets in cryptocurrency funds Grayscale Investments reached $ 50.6 billion. GBTC accounts for $ 41.4 billion of the total, the value of an Ethereum-based trust is $ 7.4 billion.

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