Altogether, Grayscale now offers eight different cryptocurrency investment products, including
the Ethereum Classic Investment Trust and Zcash Investment Trust.
A major factor that pushed the surge of Ethereum Classic's market cap has been the launch of
the Ethereum Classic Investment Trust Digital Currency Group's GrayScale Investment which has allowed investors in the public market to invest in Ethereum Classic.
Earlier this week, Grayscale Investments announced its intention to list shares in
its Ethereum Classic Investment Trust.
Grayscale Investments, the sponsor of the Bitcoin Investment Trust,
the Ethereum Classic Investment Trust, and the Zcash Investment Trust, announced today the launch of a new investment vehicle, the Grayscale Digital Large Cap Fund.
Grayscale Investments, the company behind the Bitcoin Investment Trust and
the Ethereum Classic Investment Trust announced today the launch of its third investment vehicle, the Zcash Investment Trust.
Both the Bitcoin Investment Trust and
the Ethereum Classic Investment Trust are private investment vehicles, not registered with any regulatory agency of any jurisdiction, and are NOT subject to the same regulatory requirements as SEC - registered exchange - traded funds or mutual funds, including the requirement to provide certain periodic and standardized pricing and valuation information to investors.
The Ethereum Classic Investment Trust enables investors to gain exposure to the price movement of ETC through a traditional investment vehicle, without the challenges of buying, storing, and safekeeping ETC..
Digital Currency Group company Grayscale Investments, the New York - based operator of the Bitcoin Investment Trust officially announced today the live launch of
the Ethereum Classic Investment Trust.
«
The Ethereum Classic Investment Trust enables investors to gain exposure to the price movement of ETC through a traditional investment vehicle, without the challenges of buying, storing, and safekeeping ETC.» Source
Grayscale, a Digital Currency Group Company was successful in launching
an Ethereum Classic Investment Trust earlier this year.
«
The Ethereum Classic Investment Trust's shares are the first securities solely invested in and deriving value from the price of ETC..»
Cointelegraph Jeffrey Wilcke denied his connection with a complaint submitted to the SEC in regard to Grayscale's newly launched
Ethereum Classic Investment Trust.
«My team is looking forward to bringing our second vehicle,
the Ethereum Classic Investment Trust, to the OTCQX market in second quarter of 2018.»
Not exact matches
The only way that
Ethereum Classic could reach its goal of complete objectivity would be through
investment and commerce taking place on the platform.
Lee's crypto picks are bitcoin,
ethereum,
ethereum classic, neo, and the Bitcoin
Investment Trust (GBTC), which is up 4.3 % to $ 15.06 this afternoon.
Hence, these market factors together with the ideological / technological factors need to be considered when determining an
investment between
Ethereum Classic and
Ethereum.
While there are some obscure
investment cases to be made for
ethereum classic, it strikes me as highly likely the price has been driven significantly higher by uninformed investors simply not understanding the difference between the two - similar to how adding".com» to a company's name in 1999 sent stock prices up on average 74 %.
Israeli forex broker and social trading platform developer eToro announced it is expanding its cryptocurrency
investment CopyFunds offering with DASH, LiteCoin, Ripple and
Ethereum Classic.
Bitira accounts now provide bitcoin cash (BCH),
ethereum (ETH),
ethereum classic (ETC), litecoin (LTC), and ripple (XRP)
investments.
The
investment case also relies on
Ethereum Classic being useful as a decentralized platform for the execution of smart contracts.
Bitcoin IRA, a company that allows individuals to invest in cryptocurrency in an IRS - approved retirement account, announced on Thursday it is now offering Litecoin (LTC),
Ethereum Classic (ETC), and Bitcoin Cash (BCH) for
investment.
In the view of Grayscale
Investments, the
Ethereum Classic network preserves the «foundational principles of decentralization and immutability,» which were supposedly key components of the original
Ethereum vision.
by Alexander Lielacher Jun 16, 2017 Bitcoin News, Bitcoin News Briefs, blockchain, Blockchain innovation, btcmanager.com, cryptocurrency, Cryptocyclopedia, ETC,
Ethereum, ethereum classic, Featured, FinTech, immutability, investment, News, smart contracts, te
Ethereum,
ethereum classic, Featured, FinTech, immutability, investment, News, smart contracts, te
ethereum classic, Featured, FinTech, immutability,
investment, News, smart contracts, technology
Ethereum Classic got a boost in price when Grayscale
Investments announced the live launch of their ETC
Investment Trust last month.
In Grayscale
Investments's view, the
Ethereum Classic roadmap is much more open and transparent.
Grayscale announced this second cryptocurrency
investment trust for
Ethereum Classic back in January, the fund uses the ETC Index (USD denominated) from digital currency data provider TradeBlock.
One of the best examples of
ethereum classic's upward progress, and continued controversy, is that
investment company DCG proposed an
investment fund that would support
ethereum classic projects.
Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which manages an
investment vehicle for
ethereum classic.
For those looking to turn back the clock on this potential
investment opportunity,
ethereum classic has proven an enticing way to do so.
The new trusts - which bring
ethereum, litecoin, XRP and bitcoin cash to the offerings the firm provides - join Grayscale's existing bitcoin,
ethereum classic and zcash
investment trusts, as well as its Digital Large Cap Fund, a multi-crypto
investment fund announced last month.
Earlier this month, Grayscale also launched individual trusts for
Ethereum, Ripple, Litecoin, and Bitcoin Cash, adding to a lineup that already included the Bitcoin,
Ethereum Classic, and Zcash
Investment Trusts.
Grayscale
Investments has filed to list its
Ethereum Classic Trust on a publicly - quoted over-the-counter (OTC) market, a move that will provide investors to buy this fund through retail brokerage accounts.
Hence, these market factors together with the ideological / technological factors need to be considered when determining an
investment between
Ethereum Classic and
Ethereum.
A subsidiary of Digital Currency Group (DCG), Grayscale plans for the
investment vehicle to provide a means for accredited investors to gain exposure to a publicly traded digital asset called
ethereum classic (ETC) by creating an open - ended, titled security.
Ethereum and Etherum
classic go head to head in this piece, where I examine the origins of ETC vs ETH, find out where the two are headed and recommend to readers which
investment I prefer
Headlines in the news — Markets Update: Upward Trends As All Eye Trump and China; Decline in Empty Blocks Has Increased Bitcoin's Transaction Capacity; ICOs Are the Future Of Funding Says Co-Founder of Platform That Just Raised $ 2 Mln; Grayscale to Launch
Ethereum Classic Trust, Modeled After Bitcoin
Investment Trust; BBVA Report Cites 7 Regulatory Challenges Facing Blockchain Technology; Zero - fee bitcoin trading ends in China, begins in the UK and $ 60 Bln Alipay to Adopt Blockchain Looking to Serve 2 Billion Users.