The investment has been Investing in Bitcoin and other top Cryptocurrencies for a long time now and even doubled it’s effort in purchasing them after the popular Bitcoin halving occurred earlier this year. Grayscale has 10 investment products with which they provide their users exposure to the digital currency asset class in the form of a security also eliminating the challenge that comes with purchasing them. The statutory holding period of Shares purchased through 6months allowing investors in this shares on earlier market liquidity stipulated understanding Rule 144 of the Securities Act of 1933 , as amended  (the “Securities Act”) .

Quarterly annual reports are expected to be filled by the Trust, other fillings include the Trust Financial Statements on form 10-Q’s and W-K  with the SEC along with current reports on form 8-K and all other requirements in compliance with the obligations under the Exchange Act.

Grayscale

A trusted authority on digital currency investing, Grayscale provides secure access and diversified exposure to the digital currency asset class.

Through its family of 10 investment products, Grayscale provides access and exposure to the digital currency asset class in the form of a security without the challenges of buying, storing, and safekeeping digital currencies directly. With a proven track record and unrivaled experience, Grayscale’s products operate within existing regulatory frameworks, creating secure and compliant exposure for investors.

“There is devaluation of currency. The whole secret to building wealth is to get out of cash and get into assets that are denominated in dollars that will continue to go up in value over long periods of time- Stocks, real estate, gold, Bitcoin, all this stuff – stated Pomp on his live stream on the 18th of July.

The Pandemic on the Economy

The global pandemic Covid-19 has at one time collapsed a lot of the economy, some are still struggling to get back up. The US government and other  governments have been printing and giving away Fiat money in a bid to stabilize the country’s economy and help  restore order.

The more money they print, the higher the chance of inflation, and it is possible  that they are not going to stop soon because unlike the cryptocurrency, fiat  can be  printed to an infinite amount.

“The SC Shariah Advisory Council has resolved that in principle, it is permissible to invest and trade in digital currencies and tokens on registered digital asset exchanges” The SC Chairman Datuk Syed Zaid Alber said.

Malaysia and Cryptocurrency

The Security Commission of Malaysia started regulating cryptocurrency on Jan, 15 last year. They currently have 3 approved exchanges: Luno Malaysia, Sinegy technologies, and Tokenize technology.

With this announcement of cryptocurrency trading and investment being Shariah-compliant, we might see other Muslim countries approve cryptocurrency which would open the doors for a lot of investments from the Muslim community.

COMPOUND TOKEN

An Ethereum token that governs the compound protocol, the protocol allows users to supply or borrow Ethereum (ETH) tokens through a decentralized market. Lenders or suppliers earn interest on the supply of loans while borrowers pay interest in order to collect loans.

Earn Compound (COMP) on Coinbase

Coinbase exchange allows its customers to earn cryptocurrency while learning about them. Recently, it has added five new ones to the list including Compound just a few hours after it was listed and traded. The Coinbase Earn started off with  0x (ZRX) and since then has expanded and added rewards to those that want to learn about Steller, Tezos, EOS, Orchids and now COMP. Coinbase is one of the early investors in Compound and has plans to hold for the time being.

Coinbase owns COMP tokens as a result of a 2018 investment in Compound. Coinbase intends to maintain its investment in Compound for the foreseeable future and maintains internal policies that address the timing of permissible disposition of its digital assets, including COMP tokens.”

Uphold supports over 30 currencies (traditional and cryptocurrency) and serves over 184 countries. The multi—asset platform has powered more than $4 billion since its inception back in 2015. The Uphold platform will allow its users trade different multi-asset ranging from Stocks, cryptocurrency, national currencies, metals and many more.

GOOD NEWS

With the wider use of Bitcoin and other cryptocurrency to make direct purchase or investments comes more usage and value attached to the crypto. Bitcoin and other crypto assets in the future will not be a buy to sell to make profit model anymore, it would rather serve more like fiat does right now but in a better way, just like money is supposed to be.

Uphold currently has support for 6 stable coins and 30 cryptocurrencies which includes Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and other utility tokens.

Kingdom Trust, an Asset custodian company that powers over 100,000 retirement accounts and has in custody over 20,000 assets ranging from Physical Cash, land, private equity and now BTC.

The South Dakota based company manages more than $13 billion across its assets. The company has launched a retirement account that supports crypto assets like Bitcoin. So this helps users not only to see Bitcoin as something to trade and take fiat, but you could also hold them in your retirement account in addition to other assets.

To kick start this initiative, Kingdom Trust is giving out $63.5 worth of BTC to the first 1000 Choices account holders. This is a special account type for holding BTC as an asset on the kingdom Trust platform.

Speaking  about this, Coin shares Founder and Kingdom Trust CEO , Ryan Radloff  stated

“By our estimates, there are 7.1 million Americans who own Bitcoin, have a retirement account, but currently don’t have the option to hold Bitcoin in their retirement account with their other assets,” said Radloff.  

“What we are doing, is we are now opening up the ability to not just trade Bitcoin, but you can do digital assets or legacy assets like your stocks and bonds from one [retirement] account,” he added.

Purpose of this Initiative

Radloff also revealed that the move was motivated by the desire to give individuals options to also invest their retirement funds into crypto assets.

He also stated that Banks are making BTC look like a scam or a very risky investment option thereby forcing these individuals to only invest in stocks etc. 

“Right now, most of these Americans’ retirement accounts are sitting at some bank that is telling them that Bitcoin is too risky while at the same time forcing them to only own stocks or mutual funds,” Radloff continued.

“I’m mad as hell about that. So we’re out to do something about that, where you can have the choice to own Bitcoin or stocks and bonds from one account for the first time, so that we’re not just dictated by these banks to stay in the Fed’s rat-trap.”

On May 19th, JRNY CRYPTO released an article stating that the popular BITWALA, a German Neobank was giving 4.3% interest for holding BTC in your account.

Soon, BTC holders won’t just depend on the price action to earn alone, they will soon receive rewards for holding.

The amount of ETH one should own will depend solely on that person’s personal preference and whether or not they plan to stake ETH.

32 ETH Minimum for Staking

To stake ETH, you will be required to maintain a minimum of 32 ETH to run a validator. Staking Ethereum is said to yield rewards of anywhere from 4.5% to 10.5% and these figures will vary depending on the total amount of ETH you’re staking. The more ETH you stake, the smaller the percent reward gets.

This is to level the playing field and allow those with smaller staking balances to yield a worthwhile reward.

Passive Income Earnings

How much ETH you should hold will highly depend on how much passive income you want to earn from staking. Using an ethereum staking calculator, you can determine the average earnings from how much you wish to stake.

If you stake 1000 ETH, you can expect to earn around 80 ETH for the 1st year. While that is less than $20k right now, by the time you receive those rewards, ETH can be much more valuable.

Watch this video to learn more about how much Ethereum you should hold and future ETH price predictions

High Demand, Low Supply

With Ethereum staking launching soon, demand is steadily increasing to own the minimum 32 ETH that’s required to run a validator. Many people are also increasing their ETH holding stacks in order to earn more passive income once staking is live.

Recently Paul Tudor Jones announced that he has invested in Crypto as a hedge against inflation. This may soon result in a surge of demand for Ethereum and other cryptocurrencies.

The surge in demand of new investors at the same time as Ethereum is launching staking can result in a bull run unlike anything we have seen.

I believe Ethereum will be the best performing digital asset for the next year.