Chicago-based Rothschild Investment Corporation is increasing its bitcoin holdings. Since October 2020, the company has increased its stake in the Grayscale Bitcoin Trust (GBTC) by 24 percent.
According to an update from the Security and Exchange Commission (SEC), Rothschild Investment Corporation holds 30,454 shares in the Grayscale Bitcoin Trust. Grayscale is an asset manager that enables institutional investors to invest in some of the most popular cryptocurrencies. Only recently Grayscale has the establishment of additional funds on Chain Link (LINK), Basic Attention token (BAT), Decentraland (MANA), Liver peer (LPT) and Tezos (XTZ) based announced .
No ties to the legendary Rothschild family
Rothschild Investment first bought shares in the Grayscale Bitcoin Trust in 2017. A short time later, they sold them and only re-entered the crypto market in 2019.
The investment company founded by Monroe Rothschild in 1908 no longer has any connections with the Rothschild banking family. Nevertheless, the entry of the investment company repeatedly causes controversy in the crypto space.
TheBitcoinNews.com – Bitcoin News source since June 2011 –
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Advertise with us : Advertise
Our Social Networks: Facebook Instagram Pinterest Reddit Telegram Twitter Youtube
