Grayscale Bitcoin Belief (GBTC) continues to be some of the standard publicly traded Bitcoin funds
As shared by Barry Silbert, DCG (Grayscale mum or dad) founder, Robinhood has added Grayscale Bitcoin Belief (GBTC) and Grayscale Ethereum Belief (ETHE) to its record of belongings accessible for buying and selling on its platform.
Lastly! Now you can commerce Grayscale Bitcoin Belief and Grayscale Ethereum Belief on Robinhood$GBTC $ETHE https://t.co/MzOJxvI7GG
— Barry Silbert (@BarrySilbert) May 6, 2022
Grayscale Bitcoin Belief (GBTC) continues to be some of the standard publicly traded Bitcoin funds. Since its inception because the Bitcoin Funding Belief in 2013, GBTC has grown to handle over $25 billion in whole belongings and has attracted over 100 institutional buyers.
Grayscale Ethereum Belief (ETHE) is fully and passively invested in ETH, permitting buyers to accumulate publicity to ETH within the type of securities whereas avoiding the difficulties of immediately buying, storing and safeguarding ETH.
Final April, Robinhood introduced the addition of 4 extra crypto belongings to its platform; specifically Compound, Polygon, Solana and Shiba, Inu, with extra on the best way. The identical month, Robinhood started rolling out crypto wallets to the greater than two million individuals on its ready record, and it just lately accomplished deployment to all clients.
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Robinhood had additionally acknowledged its plans to purchase Ziglu Ltd, a cryptocurrency platform based mostly in the UK, to encourage its enlargement.
Robinhood holds 40.7 billion Dogecoin
Widespread brokerage app Robinhood continues to carry Dogecoin on behalf of its shoppers, in response to DogeWhaleAlert, a Twitter account targeted on DOGE transactions.
Based on a current Twitter replace shared by @DogeWhaleAlert, the Robinhood app at present has a complete of 40,762,000,976 Dogecoin, which is valued at $5,356,045,404. That is additionally a whopping 30.72% of the main meme cryptocurrency’s circulating provide.
Based on the tweet, the Dogecoin belongings are housed in two wallets, 3334959 and 1699275, with eight identified digital addresses.
