Thursday, May 23, 2019

Grayscale Widens Net for Ethereum Investors with Trust’s FINRA Approval

By CCN: Digital asset investment firm Grayscale Investments, which boasts $1.2 billion in AUM, has received regulatory approval for another cryptocurrency product to be traded in the secondary market. FINRA, which is a self-regulatory organization, has given its stamp of approval to the Grayscale Ethereum Trust for the over-the-counter (OTC) markets under the trading symbol ETHE. While this investment vehicle launched back in 2017 during the last bull run, it was limited to institutional and accredited investors in private transactions requiring a minimum investment of a whopping $25,000. The FINRA approval creates the opportunity for individual investors to now capture

The post Grayscale Widens Net for Ethereum Investors with Trust’s FINRA Approval appeared first on CCN



source https://www.ccn.com/grayscale-ethereum-finra-approval

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from Cryptocurrency News http://bit.ly/2Wl5KK4
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