Share this article
Grayscale Once More Accepting New Clients for Most Crypto Trusts
Grayscale's ether and XRP trusts are still closed to new investors.
Updated Sep 14, 2021, 10:54 a.m. Published Jan 12, 2021, 1:27 p.m.
Digital asset manager Grayscale Investments has re-opened a number of its cryptocurrency products to new investors after they were closed last month.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- Trusts for bitcoin, bitcoin cash, ethereum classic, litecoin and the Digital Large Cap Fund are now again accepting clients, according to its website but the Grayscale Ethereum Trust is not.
- On Dec. 21, the cryptocurrency asset manager's website said the six products were “unavailable" to new investors.
- While no explanation was given, the move was not unusual: Grayscale periodically closes off its crypto trusts to investors.
- At press time, the XRP Trust is also closed.
- On Jan. 5, Grayscale announced the removal of XRP from its Digital Large Cap Fund after the U.S. Securities and Exchange Commission filed a lawsuit against Ripple, alleging it had conducted an unregistered sale of securities with the XRP token.
- Data tweeted by Grayscale on Monday showed assets under management were at $24.5 billion, with the Grayscale Bitcoin Trust making up the lion's share with $20.6 billion.
- New York-based Grayscale is owned by Digital Currency Group, the parent company of CoinDesk.
Read more: Grayscale Temporarily Stops Accepting New Clients in Six Crypto Trusts
More For You
L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
More For You
Bitcoin slips, crypto stocks suffer steep declines, as tax-loss selling drives action, analysts say
Digital asset treasury companies — the year's worst performers — were also hardest hit on Tuesday.
What to know:
- Bitcoin was lower by a bit more than 1% to just below $88,000 on Tuesday.
- Crypto-related stocks were suffering far larger declines.
- Analysts suggest tax-loss harvesting and low liquidity are contributing to the action in crypto markets as the year ends.
- Some analysts remain cautiously optimistic about a potential rally, though significant recovery is not expected until liquidity returns in January.
Top Stories
