Express
Grayscale Investment clocks a recent high in the second quarter of 2020
Summary: Fund provider Grayscale reported a total investment inflow of $905.8 million in Q1 2020, doubling from $503.7 million in the first quarter of 2020. Grayscale now has raised $1.4 billion in H1 2020 overall. While new investors contributed 14% of the inflow, institutional investors—mainly hedge funds—accounted for 84% of the investments. After registering on SEC, ...
Fund provider Grayscale reported a total investment inflow of $905.8 million in Q1 2020, doubling from $503.7 million in the first quarter of 2020. Grayscale now has raised $1.4 billion in H1 2020 overall.
While new investors contributed 14% of the inflow, institutional investors—mainly hedge funds—accounted for 84% of the investments. After registering on SEC, Grayscale’s Bitcoin Trust inflow reaches $751 million and inflows into altcoin products also increased 35%.
Grayscale provides single asset funds within a regulated asset class. It’s part of Digital Currency, Coindesk’s parent company.
By Lily Yang
Tags: Grayscale,Grayscale Bitcoin Trust
Link: Grayscale Investment clocks a recent high in the second quarter of 2020 [Copy]
