Bitcoin positions Rothschild Investment Corp. rose strongly after the market crash.
Amid Bitcoin's fall, a number of large investors seized their opportunity. The main player investing in Bitcoin amid the collapse was Rothschild Investment Corp.
In a document filed with the US Securities and Exchange Commission (SEC), it is indicated that Rothschild Investment now owns 141,405 shares in the Grayscale Bitcoin Trust Fund (GBTC). Back in April of this year, Rothschild held 38,346 shares of GBTC
This fund offers large institutional investors an easy way to invest in BTC.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
You May Also Like
Institutions are already in the market. Why is the Bitcoin exchange rate not growing?
Many believe that large investments will be the driving force behind Bitcoin's next bull run. The most common belief is that such investments will come with the adoption of Bitcoin ETF applications, such as those currently being developed by the SEC.
Fidelity bets on bulls
A day after financial giant Fidelity entered the cryptocurrency market, fund manager Mark Yusko predicted that the industry will be the next fast-growing market.
