Grayscale Launches ZEN Investment Trust

New fund becomes eighth single-asset investment product from leading digital currency asset manager   NEW YORK, SEPTEMBER 6, 2018 – Grayscale Investments, LLC, a global leader in digital currency asset management, today announced the launch of [ZEN Investment Trust], a single-asset investment vehicle solely comprised of ZEN, a privacy-focused digital currency. ZEN Investment Trust is the eighth single-asset investment product introduced by Grayscale, and the first security solely invested in ZEN. In addition to its single-asset products, Grayscale also sponsors Digital Large Cap Fund™, a diversified investment product that provides…

Read More

This Week Bitcoin Price Hits $11,000

NEW YORK, November 30, 2017 /PRNewswire/ Bitcoin hit another record high on Wednesday. The world’s most popular cryptocurrency surged past $11,000 for the first time, even after reaching $10,000 the night before. The recent rally in bitcoin price can be attributed to increasing interests in digital currency for both investors and institutions. According to Bloomberg, Nasdaq Inc. plans to introduce bitcoin futures as early as the second quarter next year, a source with knowledge of the matter said on Wednesday. In October, CME, the world’s largest derivatives exchange, also announced the launch of bitcoin future product this year.…

Read More