Robinhood Lists Grayscale Bitcoin and Ethereum Trusts

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. GBTC and ETHE Now Available on Robinhood 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. Finally! You can now trade Grayscale Bitcoin Trust and Grayscale Ethereum Trust on Robinhood$GBTC $ETHE https://t.co/MzOJxvI7GG — Barry Silbert (@BarrySilbert) May 6, 2022 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 $329 million in assets. Here’s a look at our 14 single asset crypto investment funds as of 5/2/2022.AUM and other stats on all Grayscale products are updated daily on our website: https://t.co/smju2moRYQ$BAT $BCH $BTC $ETC $ETH $FIL $LINK $LPT $LTC $MANA $SOL $XLM $ZEC $ZEN pic.twitter.com/sv5FLsd0uW — Grayscale (@Grayscale) May 2, 2022 New Crypto Assets on t...