Robinhood Lists Grayscale Bitcoin and Ethereum Trusts

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ICYMI: $GBTC and $ETHE are now supported by Robinhood Bitcoin Ethereum

. Since its inception as the Bitcoin Investment Trust in 2013, GBTC has grown to manage over $25 billion in total assets and has attracted over 100 institutional investors.

Grayscale Ethereum Trust is entirely and passively invested in ETH, allowing investors to acquire exposure to ETH in the form of securities while avoiding the difficulties of directly purchasing, storing and safeguarding ETH. Last April, Robinhood announced the addition of four more crypto assets to its platform; namely Compound, Polygon, Solana and Shiba, Inu, with more on the way. The same month, Robinhood began rolling out crypto wallets to the more than two million people on its waiting list, and it recently completed deployment to all customers.Robinhood had also stated its plans to buy Ziglu Ltd, a cryptocurrency platform based in the United Kingdom, to encourage its expansion.

According to the tweet, the Dogecoin assets are housed in two wallets, 3334959 and 1699275, with eight known digital addresses.

 

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