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Grayscale Investments Reveals $90M Bet on Ethereum Classic (ETC) By Cryptovest

Grayscale Investments Reveals $90M Bet on Ethereum Classic (ETC)

Crypto administration firm Grayscale Investments reported on Thursday it has about $90 million in (ETC) holdings.

Grayscale Investments, which is a part of Barry Silbert’s Digital Forex Group, has eight crypto funds in its portfolio, the place the prime targets are institutional and accredited buyers.

The agency revealed through Twitter that it now manages over $1.5 billion in digital property — up from $1.four billion reported in July. Whereas (BTC) makes up roughly $1.38 billion of Grayscale’s crypto holdings, Classic is now the second largest possession of the agency. Following ETC within the record of Grayscale holdings are Zcash (ZEC), Ethereum (ETH), (BCH), (XRP) and (LTC).

Grayscale revealed in its

This text appeared first on Cryptovest

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