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Grayscale Bitcoin Belief (GBTC) continues to be some of the widespread publicly traded Bitcoin funds
As shared by Barry Silbert, DCG (Grayscale father or mother) founder, Robinhood has added Grayscale Bitcoin Belief (GBTC) and Grayscale Ethereum Belief (ETHE) to its checklist of belongings out there 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 widespread 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 traders.
Grayscale Ethereum Belief (ETHE) is totally and passively invested in ETH, permitting traders to amass publicity to ETH within the type of securities whereas avoiding the difficulties of instantly 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 folks on its ready checklist, and it lately accomplished deployment to all prospects.
Robinhood had additionally said its plans to purchase Ziglu Ltd, a cryptocurrency platform primarily based in the UK, to encourage its growth.
Robinhood holds 40.7 billion Dogecoin
Widespread brokerage app Robinhood continues to carry Dogecoin on behalf of its shoppers, based on DogeWhaleAlert, a Twitter account targeted on DOGE transactions.
In response to a current Twitter replace shared by @DogeWhaleAlert, the Robinhood app presently 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 response to the tweet, the Dogecoin belongings are housed in two wallets, 3334959 and 1699275, with eight recognized digital addresses.
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