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17.04.2020 BTC Daily Analysis

Grayscale Investments has announced the strongest quarter in its history. Investments into the company’s cryptocurrency products,

17.04.2020 BTC Daily Analysis
Yazar: Zack Smith

Yayınlanma: 18 Nisan 2020 10:59

Güncellenme: 9 Kasım 2024 07:15

17.04.2020 BTC Daily Analysis

Grayscale Investments has announced the strongest quarter in its history. Investments into the company’s cryptocurrency products, including the flagship Grayscale Bitcoin Trust (GBTC), hit a record high in the first quarter. Of the total investment, 88% comes from institutional investors. The company now has $2.2 billion in assets under management. Specifically, the total investment into Grayscale crypto products in Q1 2020 amounted to $503.7 million, compared to $1.07 billion for the trailing 12 months. At the end of March, the company’s total assets under management since inception (Sept. 25, 2013) totaled approximately $2.2 billion.
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