# Grayscale Ethereum Trust to implement 9-for-1 share split

# Grayscale Ethereum Trust to implement 9-for-1 share split

“# Grayscale Ethereum Trust to implement 9-for-1 share split ” Digital asset manager Grayscale has announced a share split for its Ethereum Trust — a move that could make the fund more attractive to individual investors.  In an official press release, Grayscale announced Wednesday that the split will be implemented on Dec. 17, with shareholders…

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# Coinbase executed MicroStrategy’s 5M Bitcoin purchase in September 2020

# Coinbase executed MicroStrategy’s $425M Bitcoin purchase in September 2020

“# Coinbase executed MicroStrategy’s $425M Bitcoin purchase in September 2020 ” Coinbase, the United States’ largest cryptocurrency exchange, announced that itfacilitated one of the largest institutional Bitcoin (BTC) purchases in 2020. According to an official announcement, Coinbase was selected as the primary execution partner for MicroStrategy’s $425 million purchase of Bitcoin in September 2020. Brett…

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# Report: ICOs left retail investors in the dark

# Report: ICOs left retail investors in the dark

“# Report: ICOs left retail investors in the dark ” Research outfit Xangle has found that a third of sampled retail investors in the United States felt “deceived” by initial coin offerings, or that the projects had withheld information from them. Notably, Xangle’s survey is small-scale, based on 600 respondents who invested in an ICO…

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# Record gold outflow ‘isn’t going into ripples’ — only Bitcoin, says fund manager

# Record gold outflow ‘isn’t going into ripples’ — only Bitcoin, says fund manager

“# Record gold outflow ‘isn’t going into ripples’ — only Bitcoin, says fund manager ” The ongoing Bitcoin (BTC) rally has primarily been driven by institutions, analysts say, with metrics such as CME’s open interest and Grayscale’s assets under management (AUM), supporting this narrative.  At the same time, the gold market has seen large outflows…

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# Why institutions suddenly give a damn about Bitcoin

# Why institutions suddenly give a damn about Bitcoin

“# Why institutions suddenly give a damn about Bitcoin ” Without a doubt, Bitcoin (BTC) has become an increasingly popular asset to own among institutional investors. By the end of the second quarter of 2020, Fidelity reported in a survey of almost 800 institutional investors that 36% owned crypto assets. A separate survey, conducted by…

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