Grayscale

New Grayscale Report: Digital Assets Fund Adds $905M in Record Quarter

Grayscale Investments has just released its quarterly report which shows that institutional demand for Bitcoin and other digital assets is still on the rise despite the lack of action from Bitcoin price (BTC). The report shows that Grayscale had yet another record quarter for its digital asset products with $905.8 million dollars invested over that …

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Key Metrics Show Institutional Interest in Crypto Is High and Rising

The growth of the crypto derivatives market in 2020 has been a story of its own, mainly driven by Bitcoin (BTC) and Ether (ETH) options traded on exchanges such as the Chicago Mercantile Exchange, Deribit, OKEx, Binance and Houbi.  Record Bitcoin options volumes are indicative of an increasing institutional interest in crypto, but there are …

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Wilshire Phoenix Files With SEC for Publicly Traded Bitcoin-Backed Fund

Investment firm Wilshire Phoenix has filed an S-1 registration statement with the U.S. Securities and Exchange Commission, or SEC, for a publicly traded Bitcoin fund in line with regulation. “The Shares will provide investors with exposure to bitcoin in a manner that is accessible and cost-efficient without the uncertain and often complex requirements relating to …

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Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving

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 …

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Grayscale is Now Buying 1.5 Times the Amount of Bitcoin Being Mined

Crypto fund manager Grayscale Investments is accumulating Bitcoin at a rate equivalent to 150% of the new coins created by miners since the May 11 block reward halving.  According to data published by independent crypto researcher Kevin Rooke, Grayscale has added 18,910 BTC to its Bitcoin Investment Trust since the halving, while only 12,337 Bitcoins …

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Grayscale Buys 33% of All Bitcoin Mined in Last Three Months

Grayscale Investments bought up to 33% of all newly minted bitcoin over the last three months, as the asset manager continues to stockpile major cryptocurrencies. The investment fund added 60,762 BTC to its Bitcoin Trust Fund between February 7 and May 17, a researcher posted on Reddit. That’s the equivalent of 607 BTC acquired by …

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Report: Square’s CashApp and Grayscale Consumed Over 50% of Bitcoin Mined Q1 202

Square’s Cash App and asset manager Grayscale consumed over 50% of newly issued Bitcoin (BTC) in Q1 2020, a new report shows. Australian fund manager ListedReserve tweeted a calculation based on two gross measures: Grayscale’s inbound flows into its Bitcoin and Ethereum Trusts in Q1, which amount to $388.9 million, and Cash App’s $306 million …

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