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22 June 2021

US Insurers Invested $3 Million in Grayscale’s Crypto Trusts in Q1 2020 - Decrypt

US Insurers Invested $3 Million in Grayscale’s Crypto Trusts in Q1 2020 - Decrypt


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The investors bought shares in the Grayscale Bitcoin and Ethereum Trusts.

State Mutual Insurance was the only insurer to buy shares in Grayscale’s Bitcoin and Ethereum Trusts

The Georgia-based insurer bought 13,000 shares of the Bitcoin Trust, and 9,000 shares of the Ethereum Trust, for about $491,000 and $141,500 respectively

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