Grayscale Investments has posted a record quarterly performance, having added almost $1 billion, which nearly doubled its previous quarterly high. 84% of the investments were from institutional investors. The cumulative investment across all of its crypto products has reached $2.6 billion. Grayscale Posts Record Quarter Grayscale Investments released its second-quarter performance report on Wednesday. The […]
The post Grayscale Crypto Investments Add Nearly $1 Billion in Q2 — Bitcoin Trust Posts Record Quarter appeared first on Bitcoin News.
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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 […]
Many people within the cryptocurrency industry keep a close eye on the Grayscale Bitcoin Trust. Over the past three months, that trust has significantly increased its BTC holdings. While this is not an official market sentiment indicator, the figures remain interesting to keep an eye on. The Grayscale Bitcoin Trust Went on a Buying Spree Grayscale Bitcoin Trust is the largest publicly accessible trust associated with the world’s leading cryptocurrency. As such, the amount of BTC held by this entity can give insights as to what the future may hold for the Bitcoin price. As it turns out, the Grayscale 
Digital asset manager Grayscale Investments bought about 50% of all newly mined ethereum so far this year. It now holds the equivalent of 1.1% of ETH in circulation, according to a post on Reddit. Grayscale operates 10 cryptocurrency investment products focused on institutional investors. As of April 24, the company had $2.7 billion worth of […]
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 […]