Grayscale Coins

[Sykkuno 2887]

Grayscale is the only way for institutions and wealthy investors that cover some standards set by the SEC to buy cryptocurrencies. Laws and regulations prevent these big funds to invest in cryptocurrencies using the crypto exchanges directly. Grayscale is creating what is called Trust and gives shares to investors of this trust that represent a percentage of each coin they offer.

 

The market is in a state of institutional fomo, what is there for institutions to buy? What is offered by Grayscale and only that.

These are the coins Grayscale has created Trusts to be able to sell them in the form of shares to the institutions, the market share and more.

 

How I see the bull run today, if it is to be extended in the next year it will be mostly about these cryptocurrencies, XRP might have a problem with the SEC and more can follow, Horizen is a privacy coin and it can also be in trouble at some time. The grayscale trust products as we see in the list are based mostly in Ethereum and Bitcoin. This is because these trust are SEC registered and have better rules from the rest. XRP is not going to be SEC registered and may be even dropped from Grayscale if problems continue. But it is now just in 22million in holdings. Ethereum Classic also has 80 million dollars in holdings by Grayscale and perhaps a reason it didn't dive to zero as it was 51% attacked many times so far. 

The digital assets held by Grayscale show to us the percentages of diversifying we should have in the market. They are close to the market dominance of Bitcoin, 70% and recommended to hold this much Bitcoin.

 

We see institutions are interested in Bitcoin and Ethereum while not touching the rest. This may change if for example ZCash or Litecoin trust of Grayscale becomes SEC reporting as Bitcoin and Ethereum.

 

More about this: https://grayscale.co/

Edited December 25, 2020 by Sykkuno

[Cryptpanda 153]

There is a scales for cryptocurrencies. Which differentiate scam and real cryptocurrencies. The currency which has low value is falling into grayscale. There are some currencies which has low trading volume and has high volatility cen be put in grayscale 

[cryptovlek 2597]

I did not know grayscale had all these coins in offered products for institutional investors. XRP is in a lot of trouble though so perhaps it won't be selected by anyone, but the rest will always take some investment. Probably Litecoin, Stellar and Zcash can have a pump from this list.

[percare 3192]

Maybe this list of coins will pump more than the rest but only when the grayscale connected institutions find investing in them to be good idea. Bitcoin and Ethereum are most of the investments for grayscale but the rest are not very well received. It is probably good idea as the volatility and conditions of many of these alts are not making them considered great investments.

[bogdanoff 3173]

Even Ethereum Classic with a dead network can be pumped high by these investors. Since it is not a privacy coin and doesn't have SEC problems why not. For the institutions they don't care about 51% attacks and centralized cryptocurrencies. They care not to invest in danger which is privacy and invest in crypto accepted by regulators.

[yonkii 3205]

I took today a look into the grayscale twitter and in the link from twitter bellow it seems that XRP is no longer available in the grayscale list of cryptocurrencies offered:

 

 

 

Edited January 27, 2021 by yonkii

[Syedbesharat 5423]

Gratmy scale is keeping up the big investors away from crypto hy offering a reasonable shares. Where they get profit of coin in percentage. The great scale have big amount of top tier coins and their amount is increasing now. The gray scale habe SEC approval and trust worthy like binance for investment .

[Syriana 350]

There are a lot of currencies on this platform, but I did not know that the gray area contains many currencies in this large amount, and there are many good and profitable profits in it, and there are good investment methods that constitute real profits

[Quickbee 26]

There are a lot of currencies in the Crypto world. But except for Bitcoin and Ethereum I don't think the other currencies are a good option for gray scale investment. Hope this will have a good effect in the market in terms of price rise and profit 

[Jack764 1841]

I did not know the difference between the grayscale currencies and the rest of the currencies, but I think that the grayscale coins are not good and I do not recommend trading except in the famous currencies, because their price has not decreased significantly

[kryptonick 2659]

Grayscale added many new coins and tokens lately. It could take some time to finalize everything and I have also read there are many more into consideration, like Polkadot and MakerDAO, Synthetix and more. It seems that Grayscale has knowledge that investors and institutions want a legal way to invest in more cryptocurrencies.