{"id":31212,"date":"2020-11-03T18:42:53","date_gmt":"2020-11-03T16:42:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=31212"},"modified":"2025-08-28T02:32:38","modified_gmt":"2025-08-27T23:32:38","slug":"grayscale-investments-buys-75419-eth-for-the-ethereum-trust","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/grayscale-investments-buys-75419-eth-for-the-ethereum-trust\/","title":{"rendered":"Grayscale Investments buys 75,419 ETH for the Ethereum Trust"},"content":{"rendered":"<p>Investment firm Grayscale Investments has purchased 75,419 ETH for its Ethereum Trust, the second-largest of its assets by size. The information was shared by analyst Ian Dyer.<!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">Grayscale bought 75,419 <a href=\\\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ETH<\/a> yesterday, and they now own 2.13% of the total supply. Demand will flow into ETH and <a href=\\\"https:\/\/twitter.com\/hashtag\/altcoins?src=hash&#038;ref_src=twsrc%5Etfw\\\">#altcoins<\/a> and push price up, just a matter of time!<\/p>\n<p>\u2014 Ian Dyer (@IanDyerGuru) <a href=\\\"https:\/\/twitter.com\/IanDyerGuru\/status\/1323593859918635008?ref_src=twsrc%5Etfw\\\">November 3, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>According to his observations, Grayscale Investments now controls 2.13% of the total supply of the second-largest cryptocurrency by market capitalization.<\/p>\n<blockquote>\n<p>\\&#8221;Demand will flow into ETH and altcoins, which will drive prices higher. It&#8217;s only a matter of time,\\&#8221; Dyer expressed optimism.<\/p>\n<\/blockquote>\n<p>According to the latest data, assets under management by Grayscale Investments total $7.7 billion.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">11\/02\/20 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.<\/p>\n<p>Total AUM: $7.7 billion<a href=\\\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$BTC<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24BCH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$BCH<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ETH<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24ETC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ETC<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24ZEN&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ZEN<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24LTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$LTC<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24XLM&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$XLM<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24XRP&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$XRP<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24ZEC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ZEC<\/a> <a href=\\\"https:\/\/t.co\/rExwALUBn4\\\">pic.twitter.com\/rExwALUBn4<\/a><\/p>\n<p>\u2014 Grayscale (@Grayscale) <a href=\\\"https:\/\/twitter.com\/Grayscale\/status\/1323381520594358273?ref_src=twsrc%5Etfw\\\">November 2, 2020<\/a><\/p>\n<\/blockquote>\n<p>As before, the Bitcoin-based fund remains the most sought after among investors. It holds 456,537 BTC, equal to 2.46% of the circulating supply of the top cryptocurrency.<\/p>\n<div id=\\\"attachment_115266\\\" style=\\\"width: 812px\\\" class=\\\"wp-caption aligncenter\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-115266\\\" class=\\\"wp-image-115266 size-full\\\" src=\\\"https:\/\/forklog.com\/wp-content\/uploads\/GBTC.png\\\" alt=\\\"Grayscale Investments buys 75,419 ETH for Ethereum-based fund\\\" width=\\\"802\\\" height=\\\"515\\\" srcset=\\\"https:\/\/forklog.com\/wp-content\/uploads\/GBTC.png 802w, https:\/\/forklog.com\/wp-content\/uploads\/GBTC-300x193.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/GBTC-768x493.png 768w\\\" sizes=\\\"auto, (max-width: 802px) 100vw, 802px\\\" \/><\/p>\n<p id=\\\"caption-attachment-115266\\\" class=\\\"wp-caption-text\\\">Since the start of the year, the number of bitcoins held by Grayscale Bitcoin Trust has risen by 61.2%. Data: grayscale.co.<\/p>\n<\/div>\n<p>The Grayscale Bitcoin Trust makes up 84.7% of the company&#8217;s portfolio. The Ethereum-based fund accounts for 12.25%.<\/p>\n<p>Earlier ForkLog reported that Grayscale Ethereum Trust <a href=\"https:\/\/forklog.com\/en\/news\/grayscale-ethereum-trust-becomes-an-sec-reporting-company\">became<\/a> a company subject to the U.S. Securities and Exchange Commission (SEC).<\/p>\n<p>Follow ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forkloglive\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog FEED<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investment firm Grayscale Investments has acquired 75,419 ETH for its Ethereum Trust, the second-largest asset by size.<\/p>\n","protected":false},"author":1,"featured_media":31213,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,943],"class_list":["post-31212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-grayscale-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/31212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=31212"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/31212\/revisions"}],"predecessor-version":[{"id":31214,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/31212\/revisions\/31214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/31213"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=31212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=31212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=31212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}