ETH has seen about 5% growth in the past 24 hours and is trading at around $1,600 at the time of writing. Litecoin’s price has increased by about 7% in the past 24 hours and the coin is trading at around $195. Stellar’s price has increased by about 2.8% and it is currently trading at $0.43.

Grayscale is a company providing investment products for digital currency investing since 2013. Last week, it announced the interest in expanding its product offerings by considering 23 cryptocurrencies, as per a press release.  

Lately, interest in cryptocurrencies has been growing among institutional investors. Several large organizations either expanded their crypto holdings or purchased Bitcoin for the first time. Tesla invested $1.5 billion into Bitcoin while MicroStrategy’s total investment has already reached 90,859 BTC.  

Bitcoin is slowly recovering from the dip to around $44,000 on February 28. It is trading at about $52,300 at the time of writing.

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