Rothschild Investment Corp has increased its Bitcoin exposure by 300% since April
Billion-dollar investment firm Rothschild Investment Corp quadrupled its exposure to Bitcoin (BTC) since April, new records show. In a filing with the United States Securities and Exchange Commission (SEC) on Saturday, Rothschild confirmed that it now owns 141,405 shares of the Grayscale Bitcoin Trust (GBTC). A quiet but nonetheless substantial player among institutions, Rothchild Investment Corp has also invested in Grayscale’s Ether (ETH) equivalent, the Grayscale Ethereum Trust.
Its exposure to Bitcoin has increased considerably this year, the filing shows — in April, its GBTC shares totaled 38,346. In BTC terms, with each GBTC share equal to 0.000939767 BTC, Rothschild thus has an equivalent Bitcoin exposure of 132.8 BTC ($3.94 million). The data implies that declining prices have not fazed executives, while Bitcoin has been maintaining a drawdown for three months after hitting its all-time highs of $64,500 in mid May.
As Grayscale CEO Michael Sonnenshein noted this week, institutional players are likely taking little notice of short-term price moves, instead concentrating on a much lower-time-preference strategy when it comes to cryptocurrency.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 70.8% | 59 | $102 888.79 | 6.32% | 7.74% | $2 036 227 590 294 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 68.4% | 57 | $3 912.63 | 5.63% | 7.75% | $471 244 745 819 |  |
|
| 3 |  XRP |
XRP predictions | 57.6% | 90 | $2.44 | -7.91% | 66.46% | $139 215 423 267 |  |
|
| 4 |  USDT |
Tether predictions | 93.6% | 1 | $1.000846 | 0.02% | 0.04% | $135 805 910 581 |  |
|
| 5 |  SOL |
Solana predictions | 66.8% | 63 | $235.96 | 0.10% | -1.18% | $112 161 512 446 |  |
|
| 6 |  BNB |
Binance Coin predictions | 86.8% | 25 | $733.05 | -5.76% | 11.86% | $105 565 611 690 |  |
|
| 7 |  DOGE |
Dogecoin predictions | 65.6% | 77 | $0.438352 | 4.46% | 8.11% | $64 469 161 928 |  |
|
| 8 |  ADA |
Cardano predictions | 60% | 87 | $1.23 | -0.63% | 22.73% | $43 005 941 689 |  |
|
| 9 |  USDC |
USD Coin predictions | 93.2% | 1 | $0.999966 | -0.01% | 0% | $40 466 712 990 |  |
|
| 10 |  TRX |
TRON predictions | 76.4% | 48 | $0.330626 | -13.77% | 65.34% | $28 527 640 352 |  |
|
| 11 |  AVAX |
Avalanche predictions | 59.6% | 86 | $52.26 | -3.88% | 22.02% | $21 392 748 789 |  |
|
| 12 |  SHIB |
SHIBA INU predictions | 75.6% | 51 | $0.000032 | 3.27% | 24.00% | $18 599 092 324 |  |
|
| 13 |  TON |
Toncoin predictions | 65.6% | 78 | $6.92 | -2.31% | 9.09% | $17 647 564 642 |  |
|
| 14 |  DOT |
Polkadot predictions | 57.6% | 91 | $10.71 | 6.53% | 30.18% | $16 341 625 953 |  |
|
| 15 |  LINK |
Chainlink predictions | 58.4% | 88 | $24.03 | -0.92% | 33.23% | $15 060 883 981 |  |
