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XRP, BCH, LTC & ETH: Grayscale Adds 4 New Crypto Trusts

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7 hours ago, XRPonTheIronThrone said:

The GBTC fund is more of a disservice to the retail public than anything. It trades at a 52% premium which adds volatility to an already volatile asset class. They would be better suited approving an ETF that will trade at NAV. The ironies of regulators...

I've traded it, and recently its steadily trading at a 62% premium to the underlying BTC. I've seen it trade as high as 90+% premium however.

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Exciting news for those tempted to invest in cryptocurrencies, as Grayscale Investments – founders of the much-lauded Bitcoin Investment Trust – has recently announced that it has launched an additional four trusts, which has effectively doubled the number of products it provides that are specifically aimed at the would be crypto investor.

 

Read more: https://cryptodaily.co.uk/2018/03/grayscale-adds-ripple-xrp-litecoin-ethereum-bch-to-its-investment-trust/

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44 minutes ago, invest2lose said:

is this the sort of news we need more of in order for xrp to get to $10-$100?

Sadly, it looks like that only the use of it wil trigger it. We can wait.

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