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 | 91.2% | 8 | $37 944.65 | 0.62% | 1.46% | $742 100 341 920 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 82% | 28 | $2 090.35 | 3.23% | 1.06% | $251 343 888 603 |  |
|
| 3 |  USDT |
Tether predictions | 91.6% | 1 | $1.000179 | -0.01% | -0.01% | $89 367 751 013 |  |
|
| 4 |  BNB |
Binance Coin predictions | 82.4% | 26 | $228.48 | 0.61% | -2.80% | $34 659 804 761 |  |
|
| 5 |  XRP |
XRP predictions | 80% | 34 | $0.609017 | 0.50% | -2.26% | $32 819 051 200 |  |
|
| 6 |  SOL |
Solana predictions | 60% | 81 | $60.09 | 1.22% | 5.34% | $25 481 553 324 |  |
|
| 7 |  USDC |
USD Coin predictions | 90.8% | 1 | $0.999933 | 0% | -0.02% | $24 495 618 060 |  |
|
| 8 |  ADA |
Cardano predictions | 74% | 44 | $0.379017 | -0.23% | -2.85% | $13 382 357 916 |  |
|
| 9 |  DOGE |
Dogecoin predictions | 78.4% | 45 | $0.083764 | 3.17% | 9.11% | $11 898 557 458 |  |
|
| 10 |  STETH |
Lido stETH predictions | 92.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 11 |  TRX |
TRON predictions | 87.2% | 21 | $0.103648 | 0.12% | 1.40% | $9 176 788 153 |  |
|
| 12 |  WTRX |
Wrapped TRON predictions | 87.2% | 24 | $0.102202 | -0.93% | 0.05% | $9 048 771 450 |  |
|
| 13 |  TON |
Toncoin predictions | 80% | 28 | $2.42 | -0.42% | -0.30% | $8 313 031 439 |  |
|
| 14 |  LINK |
Chainlink predictions | 69.2% | 55 | $14.54 | 0.57% | 1.00% | $8 098 485 446 |  |
|
| 15 |  AVAX |
Avalanche predictions | 55.2% | 90 | $21.91 | 4.63% | 6.46% | $8 001 756 415 |  |
