Following the Delaware corporate registry filing, Grayscale said the filings do not suggest the final launch of the five digital assets. It however said that there is ongoing groundwork for possible launches in the nearest future
“Occasionally, we will make reservation filings, though a filing does not mean we will bring a product to market.”
Cointelegraph that the price performance of the five coins may have triggered Grayscale’s decision.
Furthermore, Cosmos, Monero, and Cardano have also been recording increases. Cosmos is currently up over 17% and trading at $8.16%. Privacy coin Monero added 467% in 2020, while Cardano has gained 187% since the launch of its Shelley mainnet in July, 2020.
In November last year, Grayscale’s Ethereum Trust hit $1 billion in assets under management.
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