Rothschild Investment Firm Bought $4.75M of Ethereum

4 min readApr 18, 2021

Rothschild investment firm has bought over 265,302 shares of Grayscale ETHE.
Rothschild’s shares in the ETH trust are worth more than $4.75 million.
The firm also upped its Grayscale BTC Trust position to 38,346 shares.
211-year-old Chicago-based Rothschild investment firm has purchased shares of the Grayscale Ethereum Trust (ETHE). The firm purchased more than 265,302 shares, as per reports. Notably, this is the firm’s first investment in Ethereum (ETH).

According to the filing, Rothschild’s shares in the ETH trust are worth more than $4.75 million. Also, the firm is a part of the Rothschild family which has interests in global finance, real estate, mining, jewelry, winemaking, and more.

Moreover, the ETHE is the crypto-powered ‘Trust’ product provided by Grayscale. More so, the trust is a regulatory compliant financial institution. Further, the trust holds a small portion of the spot crypto as part of each share it provides investors.

Coinbase’s COIN stock reference

Added to the ETHE investment, Rothschild upped its position in the Grayscale Bitcoin Trust by almost 8,000 shares to 38,346 shares. This indicates an increase from the 30,454 shares it held at the end of 2020. The total BTC shares are currently worth over $1.92 million.

Most cryptocurrency institutional investment is limited to Bitcoin. However, Ethereum’s upcoming updates and its use case have started to make it a good bet for some investors. Ethereum-based investments also attracted a total of $4.2 billion inflows in Q1 2021, the highest level of records ever.

Furthermore, some investors prefer to invest in spot ETH rather than in crypto-powered institutions. For instance, a Hong Kong-listed photo editing app, Meitu, became the first ETH investor this year. Meitu purchased $22 million worth of assets in a single day.

XRP Falls 11% In Rout

Crypto Signals Learning Guides, to help you get started with trading. Grow your Learning knowledge on the capital markets. URL FxPremiere.com was Founded in 2010. Since then has grown with over 23,000 live subscribers globally. Daily Crypto Trading Alerts are sent by our VPS Networks worldwide via Telegram. Subscribe to our Signals and start receiving Crypto Day Trading Signals from the very next trade! Crypto Signals News Guides with help you trade! FxPremiere Group has helped over 5,000 Crypto Affiliates earn up to $600 CPA on referrals and has grown immense revenue streams for online affiliates. Trading Crypto has never been easy. The World of Crypto Trading is growing day by day and its crucial to keep up to date with trends and market analysis. Here at FxPremiere Group we keep you updated with the Compare Crypto Brokers charting system, as well as sending you Direct Crypto Signals by our Telegram Services globally daily. Live CrytoCurrency Signals News

Crypto Signals

While CryptoCurrency trading can be incredibly lucrative, you need to utilize the most reliable crypto tools available to you in order to save you spending hours of watching and waiting for possible entry and exit points. This is where Crypto signals can help, they are available for anyone who hasn’t quite got the time to deeply examine the market — allowing you to pre-set the limit-level and stop-levels for your trades. Pre-setting this information removes the limit to profit-making opportunities

CryptoCurrency Signals

Get access to over 20 Crypto Signals sources of Daily via Telegram in a VIP Channel –Ethereum (ETH), BitCoin (BTC) Litecoin (LTC), Cardano (ADA), Polkadot (DOT)and many more.. Up to 11 Crypto Signals per day! We Also offer Forex Signals from our Umbrella Company FxPremiere.com