Grayscale Ethereum Trust Investment Exceeded $1 billion

Grayscale cryptocurrency products continue to attract investors - investments in Grayscale Ethereum Trust exceeded $1 billion, and the total amount of funds under the management of the company reached $8.5 billion.

Grayscale trans allow investors to access popular cryptocurrencies in the form securities. When buying shares of the company's trains, investments go directly to cryptocurrencies, At the same time, Grayscale itself is dealing with issues of purchase and storage of digital assets.

Currently, the company has two US securities and exchange commissions (SEC) Cryptocurrency products - Bitcoin and Ethereum trusts. Recall, Ethereum Trust (That) was registered in the SEC at the beginning of last month.

At the end of October, the amount of funds running Grayscale was estimated at $6.5 billion, However, at the moment, this indicator has reached $8.5 billion. This contributed to this as an influx of investment from customers of the company, and a significant increase in the cryptocurrency market - the Bitcoin course exceeded $15 000 for the first time since the beginning 2018 of the year.