Home / Crypto News / Grayscale resumes private placement of investment trust (GBTC), Q2 will double investment

Grayscale resumes private placement of investment trust (GBTC), Q2 will double investment

The investment trust provided by Grayscale Bitcoin Trust (GBTC) is based on traditional investment instruments and is provided for investors seeking exposure to Bitcoin.

Gray scale investment trusts are in 2019 years 10 Assets under management as of March 8 19 Over $ 10,000, each share of the trust is 0. 00097384 Equivalent to BTC.

Shareholders investing in the reopened private placement can choose to sell shares at a price specified by the market after a one-year holding period.

The closing price of the previous day of grayscale is 10. 38. The other day, the price of GBTC dropped along with the price drop of Bitcoin, but now it is 26. 8% Back to

Also, according to an interview with The Block, grayscale executives revealed that their investment in mutual funds doubled in the second quarter. It is. The company has a total of approximately 8, from investors in the second quarter. ) Raised $ 10,000, of which 84% said it was raised from institutional investors.

Article source: NewsWire, TheBlock

Author: Crypto Times Editorial Department – ​​Source Post: http://corneey.com/w46MxS

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