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Grayscale’s Huge Crypto Inflow Shows More Institutional Interest in the Crypto Space

Yiran Dai

Summary: Grayscale, a leading crypto asset management company, sees massive inflow into the crypto market from more institutions and ordinary investors without a crypto background.

Grayscale, a leading crypto asset management company, sees massive inflow into the crypto market from more institutions and ordinary investors without a crypto background.

Michael Sonnenshein, the managing director at Grayscale Investments, tweeted on May 20, “It’s remarkable how much inbound interest we’ve received at @GrayscaleInvest, particularly since the COVID pandemic.”  

Sonnenshein stated that a larger pool of investors is resorting to cryptocurrencies amidst fiat money inflation, as the inflow to Grayscale comes from HNWIs, RIAs, FAs, Family Offices, and Hedge Funds.

By Yiran Dai

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