Grayscale Investments’ Bitcoin Trust generates an appreciation YTD of 296%. This is an elevating growth as compared with established investments displayed in the Global Dow (12.9%) and S&P 500 (18.7%) over an equal time frame.
Under the approval from FINRA, Grayscale’s Ethereum Trust (ETHE) will be available for retail investors which is a positive sign for the entire industry.
The Bitcoin Investment Trust, which began trading on May 4, is believed to boost the acceptance of digital currency by investors.
The Winklevoss Bitcoin Trust ETF filed an amendment to its Securities and Exchange Commission prospectuson to sell 1 million shares on the Nasdaq exchange.