January 28, 2021

Grayscale Investments has reopened the acceptance of deposits in crypto funds

Grayscale Investments has resumed accepting deposits in several cryptocurrency funds. About it evidenced by the information on the site.

At the end of 2020, asset managersuspended investments in trusts based on Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, and the Digital Large Cap Fund.

At the time of writing, accepting deposits is not availableonly in Ethereum Trust. Also in early January 2021, Grayscale removed the XRP token from the Digital Large Cap Fund trust following a US Securities and Exchange Commission lawsuit against Ripple.

Data: Grayscale Investments.

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At the end of 2020, the value of assets of cryptocurrency funds Grayscale Investments reached $ 19 billion.As of January 11, 2021, under the management of the company $ 24.5 billion.

Recall that the Singapore-based Three Arrows Capital fund owns 6.1% of the shares of the GBTC trust from Grayscale Investments, which is equivalent to 36,969 BTC.

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