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Grayscale Reopens Crypto Trusts After Month-Long Pause On New Investors
Summary: Digital asset manager Grayscale has reopened crypto trusts for investors after pausing taking on new investors in late December. Grayscale stopped taking new investors for six of its cryptocurrency products just before the new year, existing investors were still able to purchase shares. At the time of publication, Grayscale products such as the Bitcoin Trust, ...
Digital asset manager Grayscale has reopened crypto trusts for investors after pausing taking on new investors in late December.
Grayscale stopped taking new investors for six of its cryptocurrency products just before the new year, existing investors were still able to purchase shares.
At the time of publication, Grayscale products such as the Bitcoin Trust, the Ethereum Classic Trust, the Bitcoin Cash Trust, Litecoin Trust, and the Digital Large Cap Fund are all available to new investors. The Ethereum Trust is yet to resume accepting new investments.
The XRP Trust is also closed and will possibly remain so for the future. On January 5, Grayscale revealed that it had liquidated all XRP positions from its large-cap fund following the US Securities and Exchange Commission's suit alleging that Ripple had sold unregistered securities.
By Emily Mason
Tags: Bitcoin,BTC,Cryptocurrency,Ethereum,Ethereum Classic,Grayscale,Litecoin
Link: Grayscale Reopens Crypto Trusts After Month-Long Pause On New Investors [Copy]
