Rothschild Investment Corp has purchased 265,302 shares in Grayscale ETH trust and 8000 BTC trust, according to a filing with the United States Securities Commission on April 15. However, one should know that the firm holds zero ties to the famed Rothschild family dynasty.

Along with this, the firm also increased its holdings of Grayscale Bitcoin trust shares, going from 30,454 in January to 38,346 this month, according to the latest SEC filing.
<h2>Rothschild Purchase of Grayscale ETH and BTC Trusts Shows Crypto Exposure is on</h2>
Since 2017, the Chicago-based financial institution, Rothschild Investment has been amassing GBTC, and the latest filing shows that the firm's appetite for crypto growth isn't waning. Ryan Adams, the founder of crypto investment company Mythos Capital and Bankless, said that “BTC is the gateway drug to ETH” in response to the latest change.

The investment firm has a history dating back to 1908, and it has been investing in cryptocurrency for a long time compared to the recent influx of institutional investors. In July 2017, when BTC was around $2000, the firm owned $210,000 worth of GBTC, according to an SEC filing.

[embed]https://twitter.com/MacroScope17/status/1382786555547377669[/embed]

Grayscale is the leading <a href="https://www.cryptoknowmics.com/news/time-magazine-partner-with-grayscale-ready-to-accept-payment-in-bitcoin/">U.S. digital asset manager</a> with institutional crypto exposure, with about 660,000 BTC on hand, accounting for around 3.5 percent of all BTC in circulation, at the time of writing. 
<h2>Total Asset Under Management of Grayscale Reaches $50.6 Billion</h2>
The company announced yesterday that its total assets under management have <a href="https://www.cryptoknowmics.com/news/grayscale-eye-50-billion-in-crypto-asset-under-management/">surpassed $50.6 billion</a>, with its ETH trust, or ETHE, now having more than $7 billion in AUM and it's stock trading at about $24. GTBC's AUM has reached $41 billion, and its stock is currently valued at about $59.

[embed]https://twitter.com/Grayscale/status/1382797442647744513[/embed]

The last spike in Grayscale’s <a href="https://www.cryptoknowmics.com/news/crypto-fund-grayscale-adds-btc-and-altcoins-worth-35-billion-to-its-stash/">total value of Bitcoin holdings</a> came after the world’s first cryptocurrency skyrocketed above $64,500 on 14 April, and this is the highest to date.

Rothschild Adds Up More to Grayscale ETH and BTC Trust

Rothschild Investment Corp. has purchased over 250,000 shares of Grayscale ETH trust, as well as 8000 shares of its BTC trust.

Meghna is a graduate of the Indian Institute of Journalism &amp; New Media specializing in  Print Journalism. She is currently working as a content writer for Agio Support Solutions Pvt. Ltd. She aims to provide quality content and strategy in the field of cryptocurrency and work with digital marketing platforms to deliver brand-specific strategies.

Rothschild Adds Up More to Grayscale ETH and BTC Trust

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