Rothschild Investment Corp More Than Tripled Bitcoin Exposure in Q2

The institutional investment manager also increased its holdings in the Grayscale Ethereum Trust by about 5%.

AccessTimeIconJul 20, 2021 at 12:29 p.m. UTC
Updated Aug 21, 2021 at 6:43 p.m. UTC

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

Rothschild Investment Corp more than tripled its exposure to bitcoin in the second quarter.

  • The Chicago-based institutional investment manager increased its holdings of Grayscale Bitcoin Trust shares to 141,405 from 38,346 in the prior quarter, according to Securities and Exchange Commission documents filed Monday.
  • Its holdings in the the Grayscale Ethereum Trust rose about 5% to 279,119 from 265,302.
  • According to the filings, the firm's holdings in the BTC and ETH trusts are worth $4.2 million and $6.2 million, respectively. These figures compare with valuations of $1.92 million and $4.75 million in the first quarter.
  • Grayscale is owned by CoinDesk parent company Digital Currency Group.
  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    13:18
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    05:10
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    04:07
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    40:07
    The last regression video of the year 3.67.0
  • Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.