Grayscale Investments to Raise $250M

At the moment Grayscale Investments offers seven crypto-investment funds, the oldest and largest of which is the Bitcoin Investment Trust
19 July 2018   823

Investment company of Barry Silbert Grayscale Investments reported that in the first six months of this year, its clients invested $ 248.39 million in the company's crypto-currency products.

Grayscal Investment Twitter
Grayscal Investment Twitter

As stated in the report, this is a record amount for all previous six-month stretches of time since Grayscale Investments was founded in September 2013.

As the investment community knows, over the last six months, the digital asset market experienced one of the largest price drawdowns since the inception of Bitcoin in 2009. However, what is more interesting, and somewhat counterintuitive, is that the pace of investment into Grayscale products has accelerated to a level that we have not seen before. In fact, we raised nearly $250 million in new assets in the first half of this year, marking the strongest inflows of any six month period in the history of our business.
 

Grayscale Investment

At the moment Grayscale Investments offers seven crypto-investment funds, the oldest and largest of which is the Bitcoin Investment Trust. The second most popular is Ethereum Classic Investment Trust. Other funds are represented by such crypto-currencies as Zcash, Ethereum, Bitcoin Cash, Ripple and Litecoin. 

eToro to List TRON

Tron became the 15th asset available at eToro; it can be purchased through various payment systems
25 March 2019   64

The eToro social investment platform, with more than 10 million users, has added support for Tron cryptocurrency (TRX).

The news of this, in particular, was shared by the founder of the TRON Foundation, Justin Sun.

According to him, Tron became the 15th asset available at eToro. The digital asset can be purchased through various payment systems, including Visa, MasterCard, UnionPay, Webmoney, PayPal, Yandex.Money, etc.

The eToro blog says that TRX also supports the CryptoPortfolio service, which allows investors to create diversified portfolios in one click.

In addition to Tron cryptocurrency on eToro, Bitcoin, Ethereum, Bitcoin Cash, XRP, Litecoin, Ethereum Classic, Dash, Stellar, NEO, EOS, Cardano, IOTA, Binance Coin (BNB) and ZCash are available.