Grayscale Investments has added 19,879 BTC to its Bitcoin Trust in the last week, purchasing Bitcoin faster than the tokens can be mined.
Category: grayscale
Shares in Grayscale’s Ether Trust Plummet 50% — and It’s Still Expensive
The premium on shares in Grayscale’s Ethereum Investment Trust plummeted 50% in less than one week.
Someone Is Buying Shares in Grayscale’s Ether Trust for More Than $2,000
Grayscale Investments’ Ethereum Investment Trust shares are currently trading at roughly 150% of ETH’s all-time price high, signaling strong institutional demand.
Exclusive: Wilshire Differentiates its Fund From Grayscale, Says “Investors Deserve More”
Wilshire tells Cointelegraph how its publicly listed Bitcoin fund will differ from other U.S. competition.
UPDATED: Wilshire Phoenix Files With SEC for Publicly Traded Bitcoin-Backed Fund
Investment firm Wilshire Phoenix just filed with the SEC for a tradeable Bitcoin fund similar to the Grayscale Bitcoin Trust.
Investor Claims There’s No Way to Cash Out From Grayscale’s Bitcoin Trust
An investor raised a major criticism about the way in which the Grayscale Bitcoin Trust is set up.
One Third of Institutions Have Invested in Crypto Says Fidelity
A survey published by Fidelity has found that more than one-third of institutional investors globally are exposed to crypto assets.
Grayscale is Buying Up More Than Just Bitcoin
22% of crypto fund manager Grayscale Investments’ purchases have been Ether throughout 2020 so far, totaling $110 million worth of accumulation.
Bloomberg: “Bitcoin will approach record high of about $20,000 this year”
Bloomberg says that all signs point to Bitcoin going on the major bull run in 2020, the only question is whether it will break the all time high of $20,000.
Crypto Funds in Demand, Institutions See Bitcoin as Alternative Hedge
Grayscale Investments has been gobbling up Bitcoin in recent months, and most of its investors are institutions — but other funds are doing it, too.