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❕NEWS Grayscale Receives $ 350 Million ETH in February

aryan4

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Grayscale purchased eth worth $ 350 million in the past two weeks. They announced that 87,749 Ethereum was purchased in four days from February 8-11.
What do you think about Grayscale company increasing its ETH investments?
 
That is the case, but considering the current gas fees for ethereum and its blockchain tokens, it will not be easy for any average investor to make any profit After paying the gas fees especially if the amount is small.
Exactly. Imagine paying $23 as fee a transaction that worths less than $50. Even when the transaction is not ethereum ,but a coin built under it's network , one still pay high fee.
 
Exactly. Imagine paying $23 as fee a transaction that worths less than $50. Even when the transaction is not ethereum ,but a coin built under it's network , one still pay high fee.
The ethereum blockchain current gas situation is just not encouraging investors that transact small amounts. I wish they could do something about it.
 
Its good to see they are spreading their investment and the main focus is no more only on bitcoin like before , now its shared to ethereum
 

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