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Grayscale Buying ETH At A Rapid Rate
Summary: Grayscale has bought $110 million worth of ETH in 2020, director of investor relations Ray Sharif-Askary told the Coinscrum podcast in an interview. Sharif-Askary also noted that Grayscale's clients holding more than one crypto asset has increased by 29% over the past 12 months. The firm is also one of the leading purchasers of Bitcoin, ...
Grayscale has bought $110 million worth of ETH in 2020, director of investor relations Ray Sharif-Askary told the Coinscrum podcast in an interview.
Sharif-Askary also noted that Grayscale's clients holding more than one crypto asset has increased by 29% over the past 12 months. The firm is also one of the leading purchasers of Bitcoin, buying $390 million worth of BTC in the past five months.
Sharif-Askary said the company is preparing for inflation as the country grapples with the economic toils of COVID-19.
By Emily Mason
