Financier Rothschild Investment Corporation made its first ever investment in crypto by purchasing over 265,302 shares ($4 75 million worth as at March 31) of the Grayscale Ethereum Trust (ETHE).

Aside the ETHE, Rothschild also added Grayscale Bitcoin Trust by nearly 8,000 shares to 38,346 shares.

This move made Rothschild the first name-brand institutional fund to seek ETH exposure through Grayscale’s trust product.

Ethereum grows popularity among investors with inflows of $113 million last week.

Author: mBRzeVZxHo

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