April 20, 2024

Grayscale Launches Five New Cryptocurrency Funds

Grayscale Launches Five New Cryptocurrency Funds

Grayscale, a major U.S. investment firm, has launched five new trusts, while itsbitcoin trust is again unavailable for investment.

LINK, BAT, MANA, FIL, LPT funds have joined the Grayscale family.The minimum investment amount is $25,000 and the annual fee is 2.5%. 

Grayscale Launches Five New Cryptocurrency Funds

In February, the company confirmed that it was exploring at least 23 different digital assets for potential offerings.Grayscale recently applied to set up a trust based on Yearn.Finance.

Overall, Grayscale manages $ 42.9 billion in crypto assets, of which almost $ 36.1 billion is held by a Bitcoin trust.

Grayscale Launches Five New Cryptocurrency Funds

Тем временем Digital Currency Group, материнская компания Grayscale, заявила в марте, что планирует приобрести акции GBTC на сумму до 250 миллионов долларов.

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