Rothschild Investment Increases its GBTC Holdings by 268% and ETHE by 5.2%


Financial services company Rothschild Investment has yet again increased its Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE) holdings.

In Q1 2021, Rothschild increased its GBTC exposure by 26% and in Q2, the multinational investment bank further raised it by 268.76% as it reported owning 141,405 shares of GBTC as of June 30, according to the filing with the US Securities and Exchange Commission (SEC).

Rothschild also increased its ETHE exposure which it first bought in Q1 of 2021.

The latest filing reported 279,119 shares of ETHE owned by the company, up from 265,302 shares in March, representing an increase of a mere 5.2%.

GBTC is currently heavily discounted trading at a negative premium of 13.44% while ETHE is trading at a 10.7% discount, as per Bybt.

Rothschild’s clients include wealthy families, high-net-worth individuals, local entrepreneurs, family holding companies, foundations/endowments, retirement accounts, and multi-generational trust accounts.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide