Grayscale Investments, the company behind the exchange Fund, the Bitcoin Investment Trust (GBTC), announced the launch of four new cryptocurrency funds for investment in Ripple, Bitcoin, Cash, Litecoin, and Ethereum.
«We are very pleased to expand sentences Grayscale, which will allow to meet the growing demand of investors. Our team strives to bridge the gap between the global investment community and asset class of the digital currency. We continue to focus on creating the best product in this area and will continue the issue of single asset and diversified proposals demanded by the investors», – commented on the launch of funds the Executive Director of the Grayscale Michael Sonnenschein.
Like other products in Grayscale, the new funds will be offered in a private placement to accredited investors who purchase shares in an amount not less than 10 000 USD.
In General, Grayscale is now offering eight different financial products for investments in the cryptocurrency, including Ethereum Classic zcash for Investment Trust and Investment Trust. However, apart from the GBTC, these products are currently available exclusively through private placement.