Grayscale Bitcoin Belief (GBTC) continues to be probably the most well-liked publicly traded Bitcoin funds
As shared by Barry Silbert, DCG (Grayscale guardian) 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.
— Barry Silbert (@BarrySilbert) May 6, 2022
Grayscale Bitcoin Belief (GBTC) continues to be probably the most well-liked publicly traded Bitcoin funds. Since its inception because the Bitcoin Funding Belief in 2013, GBTC has grown to handle over $25 billion in complete belongings and has attracted over 100 institutional traders.
Grayscale Ethereum Belief (ETHE) is completely and passively invested in ETH, permitting traders to amass publicity to ETH within the type of securities whereas avoiding the difficulties of straight 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 prospects.
Robinhood had additionally acknowledged its plans to purchase Ziglu Ltd, a cryptocurrency platform primarily based in the UK, to encourage its enlargement.
Robinhood holds 40.7 billion Dogecoin
Fashionable brokerage app Robinhood continues to carry Dogecoin on behalf of its shoppers, in accordance with DogeWhaleAlert, a Twitter account centered on DOGE transactions.
In line with 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.
In line with the tweet, the Dogecoin belongings are housed in two wallets, 3334959 and 1699275, with eight identified digital addresses.