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SEC Filings Show Institutional interest in the Grayscale Ethereum Trust Continued to Grow in Q3
Summary: Institutional interest in the Grayscale Ethereum Trust continued to grow in Q3, according to new SEC filings from large firms. The number of Grayscale Bitcoin Trust shares held by large institutions dropped 2.6% in Q3, while the number of Grayscale Ethereum Trust shares rose 19% compared to last quarter. Altogether large institutional investment managers reported ...
Institutional interest in the Grayscale Ethereum Trust continued to grow in Q3, according to new SEC filings from large firms. The number of Grayscale Bitcoin Trust shares held by large institutions dropped 2.6% in Q3, while the number of Grayscale Ethereum Trust shares rose 19% compared to last quarter.
Altogether large institutional investment managers reported $546.8 million in GBTC and $74.6 million in ETHE, using today’s share prices for the two trusts. Firms with at least $100 million in assets under management are required to file a 13F form within 45 days of the end of the quarter to disclose what’s in their portfolio.
In the latest batch of regulatory filings, 10 new firms disclosed that they had ETHE in their portfolios. The two largest were NYC-based Tocqueville Asset Management, with 79,398 shares of the Ethereum trust, and San Francisco-based Main Management ETF Advisors, with 78,000 shares.
By Amy Liu
Tags: Ethereum Trust,Grayscale,Institution,SEC
Link: SEC Filings Show Institutional interest in the Grayscale Ethereum Trust Continued to Grow in Q3 [Copy]
