In the network appeared the Fund Rothschild Investment Corporation, directed to the Commission on securities and exchange Commission (SEC). So, in the form of a list of assets of the Fund, you can see that the world famous investment Fund acquired the shares of the Bitcoin Investment Trust (GBTC) in the amount of $210 thousand
Social media users reacted positively to this event. Some of them mentioned the acquisition of bitcoins Fund Rothschild a serious step in the direction of support cryptocurrency institutional investors.
View image on Twitter
Shares of Bitcoin Investment Trust is publicly listed securities, which is formed in accordance with the price of bitcoin. Such assets are designed to enhance the possibility of investing in bitcoin through the use of a traditional investment instrument, stock exchange-traded Fund (ETF). This approach, in particular, relieve investors from the need of buying and storing cryptocurrencies.
Public stock trading under the Ticker GBTC was founded in March 2015. Each of the shares of the Fund represents about one-tenth of the current price of bitcoin.
We will remind, in the beginning of this year the company Rothschild & Co announced that the network are attackers exploiting under the guise of the Rothschild family fraudulent cryptocurrency scheme.
Subscribe to the news ForkLog