According to Foresight News, Grayscale’s email notification shows that Grayscale has opened private placement subscriptions for some cryptocurrency trusts to accredited investors, including Grayscale Bitcoin Cash Trust, Grayscale Chainlink Trust, Grayscale Litecoin Trust, Grayscale Solana Trust, and Grayscale Stellar Lumens Trust. Subscriptions will be made based on net asset value (NAV).
Foresight News Note: Grayscale's official website shows that the product life cycle of its trusts currently includes four stages: private placement, public quotation, quotation by the U.S. Securities and Exchange Commission (SEC), and ETF type.
