Grayscale Investments is now managing more than $ 4 billion in cryptocurrencies

Grayscale Investments has already made a name for itself in the crypto market and is the number one contact point for many institutional investors when they want to invest in cryptocurrencies such as Bitcoin (BTC). After the CEO announced several weeks ago that the figures for the second quarter would be even more impressive than those for the first quarter, the latest report has now been published.

Grayscale Bitcoin Trust remains the most popular

Barry Silbert is the founder and CEO of Digital Currency Group, the parent company of Grayscale Investments. He kündigt to already in May that the figures for the second quarter will again exceed and impress those of the first months. The latest Q2 2020 figures were presented yesterday in a latest report for investors.

In total, the company invested $ 905,8 million in a total of nine different crypt trusts in April, May and June. The majority of it falls on the so-called Grayscale Bitcoin Trust, which paid $ 57,8 million a week in the second quarter alone. In second place is the Grayscale Ethereum Trust with $ 10,4 million USD. The weekly investment of all products increased to almost $ 70 million USD.


84% of the investments made in the second quarter came from institutional investors. The majority of them are hedge fund managers. Grayscale Investments is now managing more than $ 4 billion in assets through its surge in investments.

Grayscale Investments: Interest in alternatives is growing

However, the popularity of the Bitcoin Trust does not mean that the remaining trusts are stagnating. But on the contrary. As Grayscale announced in the quarterly report, alternative trusts are becoming increasingly popular. The Ethereum Trust had more investments than ever before, with a 15% stake. The Grayscale Litecoin Trust also had the largest inflow to date.

The following graphic shows all of the company's trusts. As can be seen, Bitcoin and Ethereum account for a significant portion of the total assets under management. With the increasing popularity of alternative trusts, this distribution could change in the future.


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