Rothschild Investment Adds to Grayscale Bitcoin Holdings

The manager of $1.4 billion first bought bitcoin trust shares in 2017.

AccessTimeIconJan 25, 2021 at 10:27 p.m. UTC
Updated Sep 14, 2021 at 11:01 a.m. UTC

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.

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