US asset management company US Global Investors held investments in Grayscale Bitcoin Investment Trust(GBTC), as per the reports submitted to the SEC.
According to the documents submitted on the 30th, over three funds have held GBTC worth $560K till June 30.
US Global Investors is a major asset management company currently managing over $4.5 billion in assets. The company mainly manages investment trusts (mutual funds) related to precious metals.
The GTBC investments were divided into its “Gold and Precious Metals Fund”, “World Precious Minerals Fund”, and “Global Resources Fund”.
Recently, cases of major funds holding GTBC have risen tremendously after many companies reported the same in the second quarterly reports. The previous week revealed GBTC holdings in multiple funds managed by US financial giant Morgan Stanley.