Rothschild Investment Corp More Than Tripled Bitcoin Exposure in Q2

The institutional investment manager also increased its holdings in the Grayscale Ethereum Trust by about 5%.

AccessTimeIconJul 20, 2021 at 12:29 p.m. UTC
Updated Sep 14, 2021 at 1:27 p.m. UTC

Rothschild Investment Corp more than tripled its exposure to bitcoin in the second quarter.

  • The Chicago-based institutional investment manager increased its holdings of Grayscale Bitcoin Trust shares to 141,405 from 38,346 in the prior quarter, according to Securities and Exchange Commission documents filed Monday.
  • Its holdings in the the Grayscale Ethereum Trust rose about 5% to 279,119 from 265,302.
  • According to the filings, the firm's holdings in the BTC and ETH trusts are worth $4.2 million and $6.2 million, respectively. These figures compare with valuations of $1.92 million and $4.75 million in the first quarter.
  • Grayscale is owned by CoinDesk parent company Digital Currency Group.

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