the The Financial Industry Regulatory Authority (FINRA) released the Grayscale Ethereum Trust for small investors. To date, only institutional investors were able to invest in Ethereum Trust.
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24. May 2019ETH$253,15 4.15%part Facebook Twitter LinkedIn xing mail
Private investors can participate from now on Ethereum course. As the U.S. asset Manager on 23. May stated, is the over-the-counter trading (OTC) of the Grayscale Ethereum Trust (Ticker: ETHE) is now the only large investors with a minimum investment of $ 25,000 subject to change. Private investors is the largest asset managers, cryptographic Assets for a chance to Ethereum in your Portfolio, without the need for the Token to keep. For the safekeeping of the physical Ether Grayscale takes over, as the company has announced.
The release of ETHE follows the Grayscale Bitcoin Trust (GBTC), as well as the Grayscale Ethereum Classic Trust (ETCG), the third of the private investors tradable crypto-investment product.
start time still unknown
In the case of the Ethereum Trust is an Exchange Traded Fund (ETF). Nevertheless, the message is another step in the direction of professionalization of the crypto-market. Currently, the in the Ethereum Trust, the invested volume is 7.5 million dollars; this is likely to be correct according to the message, however, in the next time to the top. When exactly is the start of the Ethereum Trust for private investors is to be made, is unclear. The approval of FINRA, the company has, however, now in the bag.
According to the press release, an ETHE-certificate corresponds to about one-tenth of Ether.
Bitcoin is still a driving force – even in Grayscale
Grayscale is the largest asset Manager for crypto-Assets in the world. Like BTC-ECHO already reported, increased the total volume of all the Trusts in the first quarter alone of 42 per cent. The financial services provider, with headquarters in New York, managed a total of 1.2 billion US-dollars of capital.
as before, the Grayscale Bitcoin Trust is the most important financial product of the asset Manager. Because of the 3,3 million dollars, the investors handed over each week in the care of a Grayscale, flow, 3.2 million dollars is the Bitcoin Trust. Consequently, 99 percent of customers relies on the crypto-currency no 1.
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