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Grayscale and iCapital Starts A Partnership To Ease Crypto Investment for Advisors

Grayscale is partnership with fintech investment platform, iCapital.


Wealthy Clients Gets Crypto Exposure


Globe News Wire reports a partnership between iCapital’s technology and investment capabilities with Grayscale’s expertise in the cryptocurrency space.


Together, iCapital will provide access to Grayscale’s “diversified market-cap-weighted investment strategy” to their thousands of clients.

Related Post – Bank DBS’s Crypto Business Grows Massively Due To Growing Demand From Investors


Chairman, and CEO of iCapital Network, Lawrence Calcano notes that cryptocurrencies are of great interest to wealthy clients. Therefore, Choosing Grayscale for a crypto-related partnership a logical and massive step to take.


He added,


“Advisors and their clients have expressed an increasing appetite for uncorrelated return potential in their portfolios, and digital currencies are at the center of the conversation right now… We are delighted to partner with Grayscale, a recognized leader in digital currency investing with the experience to help investors navigate this dynamic asset class.”

Graysacle Similar Demand Inflow


Meanwhile, Grayscale’s data also shows a similar demand trend. Additionally, their survey of financial advisors reveals that 61% of their clients have approached them. Furthermore, The clients are asking for more information about cryptocurrency investing.


Grayscale COO Hugh Ross expressed his excitement for the deal. He noted how going deep into cryptocurrency space can help wealth managers store their wealth over time. Especially in today’s world full of inflation.


“In a world with trillions of dollars of fiscal stimulus and negative real interest rates, the wealth management industry is recognizing the diversification benefits and inflation hedge potential that digital currencies can offer in an investment portfolio.”


Grayscale Now The Best US Option for Crypto Exposure


As concerning the partnership, Ross said that Grayscale differentiates itself from other potential iCapital partners due to its “transparency as an SEC reporting company.”


Yes, although SEC has reportedly shut down attempts at a Bitcoin or cryptocurrency ETF in the US. However, Regulators remain accepting of Grayscale and many of its products.


The digital asset manager has recently doubled the number of SEC reporting products to six. This time around adds a Bitcoin Cash trust, Litecoin trust, and Ethereum Classic trust.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.