New Cryptos in the Line of Fire – If there is one investment fund where cryptomoney works, it’s Grayscale. After the success of its Bitcoin and Ethereum funds, the manager is considering adding new cryptos.
The year 2020 was an exceptional year for Grayscale. In the last quarter of the year, the fund manager was responsible for more than $20 billion in digital assets.
These assets are spread across several funds, including Bitcoin, Ethereum, Litecoin and Zcash, to name but a few.
However, the company does not intend to stop there. It does seem to be looking to add new funds to its offering, according to recent indiscretions.
This is revealed in several documents filed with the State of Delaware. Among the new « trusts » created, we will find:
However, although these various trusts have been filed, it is not clear that Grayscale will create the products in question.
« Grayscale is always looking for opportunities to offer products that meet the demands of investors. We sometimes make booking deposits, although a deposit does not mean that we will put a product on the market. Grayscale has and will continue to make announcements when new products are made available to investors. »
Anyway, Grayscale seems to be on the lookout for any crypto opportunity. For her part, her Bitcoin fund is doing well and the number of BTCs held by the company has exceeded 600,000.