Big demand for the new bitcoin and other cryptocurrency funds: Crypto investor

[webfact]

Big demand for the new bitcoin and other cryptocurrency funds: Crypto investor

- Interest in investing in digital currencies is growing.

 

- "Digital currencies are not like stocks and bonds," says Michael Sonnenshein of Grayscale Investments. "There's certain technological prowess that people need to have in order to handle them.'"

 

-The investment firm rolled out four new trusts to help investors understand how digital currencies operate.

 

Kellie Ell | @KellieAutumnEll

 

Investing in cryptocurrencies is complicated. Four new trusts make it easier, says crypto investor Michael Sonnenshein.

 

"Digital currencies are not like stocks and bonds and all the other things that you buy," Sonnenshein, managing director at Grayscale Investments, a digital currency investment firm, said Monday on CNBC's "Fast Money." "There's certain technological prowess that people need to have in order to handle them, store them securely, et cetera."

 

Recognizing that investors want exposure to digital currencies, Grayscale launched four new crypto funds: Bitcoin Cash Investment Trust, Ethereum Investment Trust, Litecoin Investment Trust and XRP Investment Trust.

 

Full story: https://www.cnbc.com/2018/03/12/big-demand-for-the-new-cryptocurrency-funds-crypto-investor.html

 

-- CNBC 2018-03-13

[pokerface1]

Big demand for the new bitcoin and other cryptocurrency funds: Crypto investor

Since when does big demand cause prices to fall ...This is a very miss leading headline. Don't get sucked in!!!

[timendres]

Wolves... lambs... The wheel keeps turning.

[phycokiller]

Ive got a certain prowess too if anyone wants to send me some bitcoins