Digital asset investment director Grayscale has resumed accepting new investments into almost all of its cryptocurrency trusts. The investment manager had paused new inflows into six of its trusts in tardily December 2020, just as the six-month lock-up flow for selling recently-purchased shares in its Bitcoin Trust, which trades under the ticker GBTC, was winding up.

As of the time of writing, products such as the Grayscale Bitcoin Trust and the Grayscale Digital Large Cap Fund Trust are all available for new investors, although the Grayscale Ethereum Trust remains unavailable. The Grayscale XRP Trust is inactive, and will likely remain so. In early January, the fund manager had liquidated its holdings of the nugget soon after news broke of a major lawsuit filed by the United States Securities and Exchange Commission against Ripple.

Screenshot of Grayscale trusts open up for investment

Grayscale periodically halts and resumes new investor inflows into its funds; during these periods of closure, the funds remain open for private placement funds. As well as this, all investors in the Grayscale crypto trusts are subject to a six-month lock-up period for newly-purchased shares, after which they are free to sell the shares on the open market place to non-accredited investors.

Crypto investors continue a close eye on activity from Grayscale, which has evolved into the world'south largest cryptocurrency asset manager. As of Jan. 11, Grayscale has $24.five billion assets under management across its diverse crypto funds. In early January, Cointelegraph reported that Grayscale's purchases of Bitcoin were outstripping the minting of new coins by a factor of three, capping a year of ambitious accumulation by the fund manager.

Bitcoin is upward close to ten% on the week, trading at $35,833 as of printing time. With new investments now open up, the six-calendar month lock-upwards period begins anew. Some analysts have alleged that when this period draws to a close, the Bitcoin spot market is driven college as shares in Grayscale'southward GBTC hit the open market place.