Grayscale Investments has surpassed $10 billion in cryptocurrency assets under management. About $8.85 billion are held in the Grayscale Bitcoin Trust, which now holds more than 500,000 bitcoins. Over $10 Billion Under Management Grayscale Investments announced Tuesday that it has surpassed a major milestone in cryptocurrency assets under management (AUM), which the total now stands […]
The post Grayscale Surpasses $10 Billion in Crypto Under Management With Over 500,000 BTC in Bitcoin Trust appeared first on Bitcoin News.
Powered by WPeMatico
]]>
Grayscale Investments has announced a record quarterly performance, raking in $1.05 billion in investments, mostly from institutional investors. The company also sees “unprecedented demand” for bitcoin cash. Record Quarter, Over $1 Billion Added Grayscale Investments released its third-quarter performance Wednesday. The company tweeted: We just recorded our largest ever quarterly inflows – over $1.0 billion […]
The post Grayscale Adds $1 Billion to Crypto Products in Q3, Sees ‘Unprecedented Demand’ for Bitcoin Cash appeared first on Bitcoin News.
Powered by WPeMatico
]]>
Grayscale Investments’ Bitcoin Cash Trust and Litecoin Trust have been approved by the U.S. Financial Industry Regulatory Authority (FINRA) for public quotations. The two add to Grayscale’s four existing publicly traded investment products: Bitcoin Trust, Ethereum Trust, Ethereum Classic Trust, and the Digital Large Cap Fund. Grayscale’ Publicly Traded Offerings Grayscale Investments announced Monday that […]
The post Grayscale Investments’ Bitcoin Cash Trust Approved for Public Trading appeared first on Bitcoin News.
Powered by WPeMatico
]]>
Grayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrency, which is expected to grow significantly post the coronavirus crisis. GBTC Buys 1.5 Times the Amount of Bitcoin Mined After Halving […]
The post Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving appeared first on Bitcoin News.
Powered by WPeMatico
]]>
Grayscale Investments has announced the strongest quarter in its history. Investments into the company’s cryptocurrency products, including the flagship Grayscale Bitcoin Trust (GBTC), hit a record high in the first quarter. Of the total investment, 88% comes from institutional investors. The company now has $2.2 billion in assets under management. Also read: Bitcoin Revolution: Wanna […]
The post Investments in Grayscale Bitcoin Trust Hit Record High Amid Economic Crisis appeared first on Bitcoin News.
Powered by WPeMatico
]]>