GDLC News and Press, Grayscale Digital Large Cap Fund LLC From 02/01/21

New York, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Grayscale Investments® , the world’s largest digital currency asset manager and sponsor of Grayscale® Ethereum Trust ( OTCQX: ETHE ) (the "Trust"), today announced that the Trust will resume the private placement o...

New York, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Grayscale Investments ®, the world’s largest digital currency asset manager, today announced that it will be donating $1 million to Coin Center , the leading non-profit think tank focused on public policy affecting cryptocurren...

New York, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Grayscale Investments ® , the world’s largest digital currency asset manager, today released its 4Q20 Grayscale Digital Asset Report, a comprehensive look at investment activity across Grayscale’s investment products...

New York, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Grayscale Investments, the world’s largest digital currency asset manager and sponsor (“Sponsor”) of Grayscale XRP Trust (XRP) (the “Trust”), announced that it has commenced dissolution of the Trust following the...

New York, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Grayscale Investments® , the world’s largest digital currency asset manager, today announced that Michael Sonnenshein has been named Chief Executive Officer. Sonnenshein has been with Grayscale for seven years and served in his pre...

Launched for trade only a couple of weeks ago, the Bitwise 10 Crypto Index Fund (BITW) had about 88% of its money in Bitcoin (BTC-USD) and Ethereum (ETH-USD), with Ripple (XRP-USD) making up 3.8% of the fund.The fund this morning announces the liquidation of that entire amount, the move comin...

New York, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Grayscale Investments , the world’s largest digital currency asset manager and manager of Grayscale® Digital Large Cap Fund ( OTCQX: GDLC ) (the Fund), today announced that the Fund will be reducing its manageme...

A bear-market bias continues to weigh on the US Dollar Index, which has tumbled sharply this year. That's a bullish tailwind for US investors holding assets denominated in foreign currencies. Owning gold and cryptocurrencies - alternative forms of "money" untethered to the greenba...

BITW is a new closed end fund that provides market weighted index exposure to crypto assets. BITW is mostly Bitcoin, and the Bitwise 10 Large Cap Crypto Index does offer market weighted diversification to some other crypto assets. BITW already trades at a very high premium to the ...

The Bitwise 10 Crypto Index Fund is now available for trade over-the-counter under the symbol "BITW." It will begin with about $120M in AUM. The management fee is 2.5%.The Bitwise 10 Large Cap Crypto Index is what's being tracked. As of Nov. 30, about 75% was in Bitcoin (BTC-USD), 13% in Ethe...