Sunday , May 19 2019
Home / News / Ethereum / Grayscale Investments Reveals $90M Bet on Ethereum Classic (ETC) By Cryptovest

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

About Tom Greenly

Check Also

ETH/USD faces multiple resistances on its path to $300

ETH/USD went up from $264.75 to $267 this Friday. Bulls face resistances of differing intensities. …

Ethereum (ETH) blijft stijgen, prijs boven $270, nieuws over Serenity upgrade – Crypto 365

De altcoins zijn sinds deze week behoorlijk aan het stijgen. Vooral de grotere platform cash …