Grayscale Bitcoin and Ethereum Mini Trusts Raised $750 Million Three Months After Launch
According to a report released by Grayscale on October 29th, its Bitcoin and Ethereum Trusts (with codes BTC and ETH respectively) have attracted a net inflow of over $750 million since their launch. John Hoffman, Managing Director and Head of Distribution and Partnerships at Grayscale, stated in a press release that "the success of BTC and ETH to date symbolizes strong demand from clients for low-cost crypto ETPs."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analyst Cautions Late Bitcoin Investors May Not See Huge Gains
Indicator Predicts Gradual Bitcoin Growth, Challenges $1 Million by 2025 Expectations
DigitalX reports $65M Treasury holdings at the end of 2024