Grayscale temporarily stops accepting new investors in six crypto funds

Grayscale Investments, a leading crypto asset manager, has temporarily stopped accepting new clients in six crypto funds. The asset manager published this information on its website on December 21, noting that its Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, and Digital Large Cap Fund Trusts are currently unavailable for new investors. After this change, the only available units for investment are Zcash, Horizen, and XRP. The firm did not explain why it had halted investments from new investors. However, Grayscale Investments occasionally closes its crypto trusts, opening private placement rounds. For instance, the company repeatedly stopped new investments in GBTC