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Six U.S. Insurance Companies Bought $3.1 Million Crypto Trust From Grayscale In Q1 2021

Mary Liu

Summary: Data from financial analysis company S&P Global shows that six U.S. insurance companies purchased Grayscale's crypto trust in the first quarter of 2021, including Grayscale Bitcoin Trust and Ethereum Trust, with a total investment of approximately $3.1 million. The six insurance companies are Grinnel Mutual, Donegal Mutual Insurance, State Mutual Insurance, Safeway Insurance, Westfield Insurance, ...

Data from financial analysis company S&P Global shows that six U.S. insurance companies purchased Grayscale's crypto trust in the first quarter of 2021, including Grayscale Bitcoin Trust and Ethereum Trust, with a total investment of approximately $3.1 million.

The six insurance companies are Grinnel Mutual, Donegal Mutual Insurance, State Mutual Insurance, Safeway Insurance, Westfield Insurance, and Fidelio Insurance.

By Mary Liu

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