Crypto asset investment managing firm Grayscale has reportedly made the supporting features for investments into a majority of its cryptocurrency trusts available again. 

Specifically, towards the end of December last year, the investment manager has reportedly stopped facilitating new inflows pouring into six of its trusts, right when the lock-up phase for selling newly-bought shares in its Bitcoin Trust, lasting for half a year, is around the corner. 

As of press time, offerings, nominally the Grayscale Bitcoin Trust and the Grayscale Digital Large Cap Fund Trust have reportedly been reopened to new investors, despite the Grayscale Ethereum Trust still in off mode. The Grayscale XRP Trust will be likely to stay inactive. 

In January 2021, the fund manager reportedly ran liquidation, regarding its possessions of the asset, following developments of a major lawsuit submitted by the US SEC against Ripple surfaced publicly. 

Grayscale reportedly temporarily shuts down and facilitates again new investor inflows into its funds in a periodical manner. Throughout the closure phases, the funds adopt open status for private placement funds.

Together with this, every investor currently in the Grayscale crypto trusts will have to undergo a lock-up phase, lasting for half a year, for freshly-bought shares, after which they have all the right to carry out selling activities, across the open market to non-accredited investors.

Crypto investors reportedly pay close attention to initiatives carried out by GGrayscale – which has established its presence among world’s top-tier crypto asset managing entities. As of Jan. 11, Grayscale is reportedly offering management services to a total of $24.5 billion equivalent of assets, throughout its numerous crypto funds.