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The Grayscale Ethereum Trust saw its holdings drop from 2.93 million Ether to 2.1 million Ether in just a week, a near 25% reduction and a mark that took the Grayscale Bitcoin Trust more than a ...
Benzinga spotlights cryptocurrency expert Cathie Wood's view that a $10,000 Etherium investment today could be worth more than $540,000 by 2030.
At one of these events, Wood asserted that Ethereum could reach a market capitalization of $20 trillion by 2032. Do Cathie Wood's Bullish Ethereum (ETH) Prediction: How Much $1,000 And $10,000 ...
Grayscale first applied for the ETF in early October, but the petition's appearance on the Federal Reserve is significant because it starts a 240-day clock by which the Securities and Exchange ...
Grayscale was founded in 2013, launching a bitcoin trust that year. [4] In 2015, the company became a subsidiary of Digital Currency Group. [5] The same year, Grayscale Bitcoin Trust (OTCQX: GBTC) began trading over-the-counter on the OTCQX market, becoming the first publicly traded bitcoin fund in the United States.
Grayscale currently holds nearly $11 billion in assets in its GrayScale Ethereum Trust (OTC: ETHE ... but they probably won't gain as much momentum as the Bitcoin spot price ETFs earlier this year.
Grayscale was the world’s largest asset manager for digital currency, as of December 2021, with more than $50 billion in assets under management. [7] Grayscale also manages the Grayscale Bitcoin Investment Trust ( OTCQX : GBTC ), which was the first publicly quoted security solely invested in the price of bitcoin upon its launch in 2013.
Don't listen to the naysayers: Ethereum is heading back to the $4,000 price level soon.