Popular trading platform Robinhood has listed the Grayscale Bitcoin Trust (GBTC) and the Grayscale Ethereum Trust (ETHE) to its list of assets available for trading on its platform.
<h2 class="post__title"><strong>GBTC and ETHE Now Available on Robinhood</strong></h2>
According to Barry Silbert, the Founder and CEO of Digital Currency Group (the parent company of Grayscale), users of Robinhood can now buy and sell Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE) directly via the app, starting today.

https://twitter.com/BarrySilbert/status/1522568493224374273

GBTC provides investors with direct exposure to Bitcoin without having to buy or store the digital asset directly. ETHE, meanwhile, operates as an open-end investment company whose shares reflect the value of Ether held by the trust.

As of May 2, Grayscale’s Bitcoin Trust is the largest investment vehicle dedicated to the leading crypto asset with $24.6 billion in assets under management. Grayscale’s Ethereum Trust, meanwhile, had over $329 million in assets.

https://twitter.com/Grayscale/status/1521266594520915977
<h2><strong>New Crypto Assets on the Way</strong></h2>
In April, <a href="https://www.cryptoknowmics.com/news/robinhood-lays-off-9-of-its-full-time-employees" target="_blank" rel="noopener">Robinhood</a> announced the addition of four new crypto assets to its platform including Compound, Polygon, Solana, and Shiba Inu, with more on the way.

The same month, the trading platform began rolling out crypto wallets to more than two million people on its waiting list, and it recently completed deployment to all customers.

Robinhood Lists Grayscale Bitcoin and Ethereum Trusts

Robinhood has listed the Grayscale Bitcoin Trust (GBTC) and the Grayscale Ethereum Trust (ETHE) to its list of assets available for trading on its platform.

Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

Robinhood Lists Grayscale Bitcoin and Ethereum Trusts

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