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​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

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Link: ​Israeli Investment Giant Poured Nearly $100 Million Into Grayscale's GBTC, Report   [Copy]
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