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Rothschild Investment Boosts Its GBTC and ETHE Holdings

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Mon, 19/07/2021 - 19:32
Rothschild Investment Boosts Its GBTC and ETHE Holdings
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Rothschild Investment Corporation has bought 103,059 more shares of Grayscale Bitcoin Trust, according to a recent filing with the U.S. Securities and Exchange Commission.  

This brings its total GBTC holdings to $4.2 million.   

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Grayscale Ethereum Trust has also scooped up 13,817 more shares of Grayscale Ethereum Trust. The Chicago-based investment firm has now invested $6.3 million in ETHE after disclosing its initial stake in the trust in mid-April. 

The firm initially purchased less than $1 million worth of GBTC shares, according to its January filing. 

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It is worth noting that Rothschild Investment Corporation, which was founded by Monroe Rothschild all the way back in 1908, has nothing to do with the famous Rothschild family.  

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