Grayscale makes a new announcement about five altcoins including Chainlink !!!
Grayscale has launched special registries for certain crypto trusts that only accredited investors can access.
Investors looking to diversify their portfolios are interested in altcoins other than BTC.
Aware of this situation, Grayscale has taken a new step towards various altcoin trusts. These altcoins are believed to be Bitcoin Cash (BCH), Chainlink (LINK), Litecoin (LTC), Solana (SOL), and Stellar (XLM).
Subscriptions will be determined by net asset value and investors will have the opportunity to subscribe according to each fund's net asset value.
Grayscale offers institutional investors exposure to various crypto assets due to the lack of regulation in the market.
However, large institutional investors stay away from GBTC due to high transaction fees. High transaction fees were also one of the main factors behind the large outflows that Grayscale Bitcoin ETFs experienced last month.
