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Crypto Assets Managed by Grayscale Increased 430% in 11 Months
Crypto Assets Managed by Grayscale Increased 430% in 11 Months
Arcane Research analyst Vetle Lunde estimated at 430% growth in the volume of assets under the management of the investment company Grayscale Investments from January 13 to December 12 (from $2.3 billion to $12.1 billion).
Crypto Assets Managed by Grayscale Increased 430% in 11 Months
Crypto Assets Managed by Grayscale Increased 430% in 11 Months
Arcane Research analyst Vetle Lunde estimated at 430% growth in the volume of assets under the management of the investment company Grayscale Investments from January 13 to December 12 (from $2.3 billion to $12.1 billion).
Over the past 100 days, Grayscale has bought every third bitcoin
Over the past 100 days, Grayscale has bought every third bitcoin
The Grayscale Investments cryptocurrency investment fund acquired every third bitcoin mined in the last 100 days. And in April, the fund bought 50% of all ETH mined. At the same time, despite the financial crisis and the fall of the cryptocurrency market in March, shares of Grayscale crypto funds in the first quarter of 2020 attracted record investments, which indicates a growing interest of institutional investors in the crypto industry. Why does the company need so many coins, what is its current position regarding the crypto market and what role does it play on it?
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