ETHE - Grayscale to provide iCapital advisers access to digital currency investing

Grayscale Investments, which bills itself as the world's largest digital currency asset manager, forms a partnership to offer iCapital Network's more than 6,700 advisers access to digital currencies through a Grayscale diversified market-cap weighted investment strategy. “Advisors and their clients have expressed increasing appetite for uncorrelated return potential in their portfolios, and digital currencies are at the center of the conversation right now,” said Lawrence Calcano, chairman and CEO of iCapital Network. Grayscale has $43B in assets under management and 15 digital currency investment strategies, including six SEC-reporting investment products. It's probably best known for the Grayscale Bitcoin Trust (OTC:GBTC) and Grayscale Ethereum Trust (OTCQX:ETHE). In July, iCapital Network raised $440M, led by Temasek, Blue Owl's Owl Rock, Noah Holdings, and Golub Capital.

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Grayscale to provide iCapital advisers access to digital currency investing