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Demand Of Grayscale Cryptocurrency Trusts Surges As Investors Take Arbitrage Opportunities

Tracy CHEN

Summary: According to Bloomberg, In the second quarter, Grayscale Investments LLC's cryptocurrency trust attracted more than $900 million, mostly from institutional investors, nearly double its peak last quarter, with more than $4 billion in assets under management, causing a stir. While the surge in demand can be seen as a sign that big asset managers are finally ...

According to Bloomberg, In the second quarter, Grayscale Investments LLC's cryptocurrency trust attracted more than $900 million, mostly from institutional investors, nearly double its peak last quarter, with more than $4 billion in assets under management, causing a stir. While the surge in demand can be seen as a sign that big asset managers are finally embracing digital assets, many investors may be taking advantage of one of the more popular arbitrage opportunities in encryption.

Tracy Chen

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