Barry Shilbert Announces National Ad Campaign For Bitcoin and Ethereum

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FOX, CNBC, MSNBC, and FOX Business will be telling boomers about bitcoin and ethereum in an ad campaign that begins next week. “We’re going to brrring crypto to the masses,” Barry Silbert of Grayscale said with Grayscale running a loopholed bitcoin and ethereum stock like investment vehicle. Thanks to horse carriage SEC, Grayscale’s Ethereum Trust shares are going for $950 per eth while eth’s market price is about $400. That huge premium is because the purchased share can’t be sold for a year, hence bypassing SEC’s permission requirements with Silbert’s lawyers recently just sending them a form. Grayscale’s total assets under management have now risen to $5.6 billion, just a bit more than defi’s $4.5 billion. You can buy these trust shares from a pension portfolio with not many other options within US thanks to authoritarian SEC, but there’s plenty of ETNs to choose from Europe and now there’s even…

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