Rothschild Investment believes more in ETH than BTC, as evidenced by more than double the stake in Grayscale Trust

The Securities and Exchange Commission report revealed that Rothschild Investment owns shares of Grayscale ETH Trust for $ 4.75 million.

Rothschild Investment believes more in ETH than BTC, as evidenced by more than double the stake in Grayscale Trust

The investment company, with a history of more than 113 years, is increasing its stake in cryptocurrencies and appears to trust more Ethereum than Bitcoin.

We learned about the crypto investments of Rothschild Investment Corporation thanks to the official SEC report in which all shares as of March 31, 2021 are recorded.

sec.gov - report

As you can see above, Rothschild Investment owns shares in only two crypto funds, namely Grayscale Bitcoin Trust and Grayscale Ethereum Trust. But here we can see that the company prefers more ETH shares, which it owns in the number of 265,302 and in the total value of 4,746M.

The shares in BTC are more than half as small, as the company owns only 38,346 shares in Bitcoin Trust with a total value of 1,919M.

At the time of writing, Ethereum is trading at $ 2,200, Bitcoin at $ 57,500.


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