Digital asset manager Grayscale Investments announced on Monday February 1st that it has reopened its Ethereum Trust to accredited investors.
As you probably already know, Grayscale offers its various trusts for investors that aim to invest in crypto without the risk of buying and storing the cryptocurrency directly.
The Ethereum Trust's buying program was closed last December, but has now officially reopened and Grayscale has started buying a ton of ETH for its customers again. Grayscale in fact bought 104,990 ETH last week, bringing their total holdings to 3 million ETH, worth $ 5 billion.
Get rewarded for engaging in a crypto-centric social network:
Join Torum, the first one-stop social media platform specially built for cryptocurrency communities around the world, and earn XTM (XTorum) rewards for your daily and weekly engagement. XTM is the erc-20 utility token of the Torum ecosystem and will be listed on exchanges in May or June 2021. Read Torum Whitepaper to figure out XTM token utilities and the potential of the platform: https://whitepaper.s3.us-east-2.amazonaws.com/torum-whitepaper-V2.0-EN.pdf. Sign up using my referral link and earn 75 XTM airdrop after email and phone verification: https://www.torum.com/signup?referral_code=makeitreal
