Which institutions have purchased Ethereum through Grayscale?

Entering 2021, the price of Ethereum has increased by 385% in 4 months, and the exchange rate against Bitcoin has also risen to 0.61. For this reason, there are many voices in the market interpreting the rise of Ethereum.

For traditional investment institutions, Grayscale is still one of the important entrances to buy Ethereum. As of press time, the Grayscale Ethereum Trust holds 3.1657 million ETH, worth $11 billion.

Rhythm BlockBeats found that in the first quarter of 2021, many institutional investors bought ETHE (Grayscale Ethereum Trust). And among them, GBTC has appeared in the previous portfolios of many institutions.

Rothschild Investment

web3 startup Tesseract announces $78M funding round: Jinse Finance reports that ex-Revolut employees have raised $78M for Tesseract, a web3 startup aiming to tokenize energy businesses. Tesseract has raised $30 million in traditional equity, with the remainder raised through the sale of its native token. Backers in the round include venture capital firm Balderton, Lakestar, Accel, Low Carbon, Ribit Capital, Box Group and former Formula 1 driver Nico Rosberg. [2022/9/7 13:14:22]

Rothschild Investment is a full-service brokerage firm founded in 1908 that currently holds $1.2 billion in secondary market positions. Currently, Rothschild Investment purchased 265,300 ETHE shares in the first quarter of 2021, currently worth approximately $9.15 million.

Data: In the past 24 hours, the liquidation of the entire network exceeded 190 million US dollars, and the liquidation of Ethereum exceeded that of Bitcoin: Jinse Finance reported that according to Coinglass data, the liquidation of the entire network in the past 24 hours was 190,828,926 US dollars, of which 32.37 million US dollars were lost in Bitcoin, Ethereum liquidated $100 million. [2022/8/21 12:38:16]

Emerald Mutual Fund Advisers Trust

Emerald Mutual Fund Advisers Trust, a large advisory firm, currently holds approximately $3.047 billion in secondary market positions. Currently, Emerald Mutual Fund Advisers Trust holds 114,100 shares of ETHE, currently worth $3.93 million.

Zhou Hongyi: The continuous rise of new applications such as digital currency and Metaverse brings unpredictable security risks: Jinse Finance reported that Zhou Hongyi, a member of the National Committee of the Chinese People's Political Consultative Conference of the Two Sessions this year, brought "Suggestions on upgrading network security to digital security and building a solid digital security barrier" Proposal, Zhou Hongyi proposed to study and build a forward-looking digital security platform system for new digital technologies and application scenarios. At present, new technologies such as artificial intelligence, blockchain, and quantum computing continue to advance, and new applications such as digital currency, autonomous driving, and metaverse continue to rise, bringing unpredictable security risks, and traditional network security lacks mature response experience. It is recommended that relevant departments adopt the method of "revealing the list and taking command" to encourage enterprises, research institutions, and universities to jointly build digital security platforms, such as relying on the national new-generation artificial intelligence open platform, big data open collaborative laboratory, etc., to drive the industry to innovate digital security systems. [2022/3/4 13:37:57]

Formidable Asset Management

Defi Llama launched the NFT data platform DefiLlama NFT: On December 7, according to official news, the blockchain data analysis platform DefiLlama launched the NFT data platform "DefiLlama NFT". The data sources have covered the Ethereum mainnet, Arbitrum, Terra, BSC, Immutable and Solana. [2021/12/7 12:56:12]

Formidable Asset Management is a hedge fund with $467 million in secondary market positions. It purchased 38,100 ETHE shares in the first quarter of 2021, currently worth about $1.31 million.

Hellman Jordan Management

Hellman Jordan Management is a professional stock investment management company founded in 1978. Currently, Hellman Jordan Management holds $70 million in stock, sold 42,900 ETHE shares in the first quarter of 2021, and currently holds 20,400 ETHE shares, worth about $700,000.

Edge Wealth Management

Edge Wealth Management, a large New York-based consulting firm with approximately $700 million in assets under management, currently holds approximately $495 million in secondary market positions. In the first quarter of 2021, Edge Wealth Management bought 17,300 shares of ETHE, worth about $600,000.

Next Capital Management

Next Capital Management is an independent advisory firm providing institutional level asset management and strategic wealth planning services to high net worth clients. Currently, Next Capital Management holds a $154 million secondary market position, and it purchased 11,500 shares of ETHE in the first quarter of 2021, currently worth about $400,000.

Tradition Wealth Management

Tradition Wealth Management, a manager with nearly $700 million in assets, currently holds $568 million in secondary market positions. It bought 7,381 shares of ETHE in the fourth quarter of 2020, currently worth $255,000. ETHE holdings contributed approximately $144,000 to Tradition Wealth Management's floating profit in 2021.

Independent Financial Partners Advisors

Independent Financial Partners Advisors is a major advisory firm with $3 billion in assets under management. It bought 6,911 shares of ETHE in the first quarter of 2021, currently worth about $238,000.

Tags：

OKX Exchange App