Express

​Israeli Investment Giant Poured Nearly $100 Million Into Grayscale's GBTC, Report

Mary Liu

Summary: According to local media Globes, Israeli investment giant Altshuler Shaham has invested nearly $100 million in grayscale's GBTC at the end of 2020.  This investment has brought about 100% generous returns to the company, and this is also the first time an Israeli institution bought a fund with exposure to Bitcoin for its clients.  The ...

According to local media Globes, Israeli investment giant Altshuler Shaham has invested nearly $100 million in grayscale's GBTC at the end of 2020. 

This investment has brought about 100% generous returns to the company, and this is also the first time an Israeli institution bought a fund with exposure to Bitcoin for its clients. 

The report says that Altshuler Shaham is one of the largest investment companies in Israeli, it manages 171 billion NIS in long-term savings accounts, including provident funds and pension funds.

By Mary Liu

  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 3 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 4 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 11 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 28 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025
  • You need to login to comment.