Rothschild Investment Adds to Grayscale Bitcoin Holdings
Chicago-based Rothschild Investment Corporation recently increased its position in Grayscale Bitcoin Trust to 30,454 shares, a 24% increase from October.
– The institutional investment manager of $1.4 billion disclosed Monday its shares in the trust were worth $975,000 at the end of 2020.
– Rothschild Investment first bought shares of Grayscale’s bitcoin vehicle in 2017 but appeared to have exited that position shortly after. It began buying again in 2019.
– Grayscale is owned by CoinDesk parent company Digital Currency Group.
The manager of $1.4 billion first bought bitcoin trust shares in 2017.
