According to Forbes, nearly 20 institutions filed with the U.S. Securities and Exchange Commission (SEC) last quarter, showing that these institutions invested in the Bitcoin Trust (GBTC) under Grayscale Investments. These institutions include well-known investment companies such as Ark Invest, which manages US$4.5 billion in assets, and Horizon Kinetic, which manages US$5.3 billion in assets. In addition, new investment companies such as Rothschild and Addison Capital also participated in the investment. In addition, Grayscale also disclosed to Forbes that its next step is to convert Grayscale’s other trusts (including XRP, Stellar lumens, Ethereum Classic, Litecoin, Zcash, Bitcoin Bash, Zen and its digital large-cap funds) into publicly traded funds. And became an investment tool for the US SEC to declare company status.