Grayscale readies ETC investment Trust

in #cryptocurrency6 years ago

Grayscale Investment has announced that shares in Ethereum Classic Trust have been sanctioned by Financial Industry Regulatory Authority for a public quotation on OTCQX Best Market.

Grayscale Investments is a cryptocurrency investment group that is owned by Digital Currency Group. In a recently releases statement, DCG has announced their intention to create an a trust for shares in ETC. Grayscale manages assets worth $1.2 billion and has similar listings with its Bitcoin Investment Trust.

ETC Investment Trust is an investment arm like Bitcoin Investment Trust that facilitates accredited investors exposure to ETC assets. Such a trust allows traditional stock investors guided management of ETC assets. BTC Investment Trust is a well-known established vehicle for investors who want access to investments into Bitcoin. ETC with is core values and principled team is gaining large traction of late and is positioning itself as the next big thing in the crypto markets.

According to research platform CoinCheckup, ETC stands tall in number one position when it comes to Algorithm Scores. All these factors point towards ETC making great returns for investors. ETC is set to remove Difficulty Bomb sometime this month. This will open an exceptionally unique investment opportunity as ETC will be in a bette position to exert its security credentials following the DAO incident for the first time. The ETC team has been working on diluting the Difficulty Bomb for a long time now and this month backers of the project will have many reasons to rejoice.

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Great news, Grayscale is a good opportunity for the masses to get some exposure in crypto.

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