Grayscale Investments, the Creator of the Bitcoin Investment Trust launches four new Fund, doubling the number of products that will be available to investors in the cryptocurrency.
Recall that his first bitcoin-Fund company launched in 2013. Then, in the 2017th were open funds Ethereum Classic and zcash for. Now the basket of currencies proposed for investment will join Ethereum, Litecoin, XRP and Bitcoin Cash.
Seven of the listed currencies included in the investment Fund Digital multicrypt Large Cap Fund, the launch of which was announced a month ago. Now each currency is also available individually.
The Executive Director of the Grayscale Michael Sonnenschein (Michael Sonnenshein) noted that the company is not going to limit his proposal to offer the largest aldolase and will continue to announce new products.
“We believe that the digital currency as a new asset class will not disappear. We aim to provide investors with the infrastructure needed to interface with these assets.” he added.
According to Zonenshain a year ago under the control of the Grayscale were assets totaling $208 million as at 5 March 2018, this amount was $2.1 billion.
In his interview to Coindesk via email, Michael Sonnenschein wrote:
“This is a significant milestone for Grayscale, because it increases the amount of their investment proposals from four to eight. Last year at this time, Grayscale was only one product — Bitcoin Investment Trust”.