Category: GBTC

Grayscale Bitcoin Trust product continues to break new records, but be careful on interpreting the driving factor behind the flows

Grayscale Bitcoin Trust product continues to break new records, but be careful on interpreting the driving factor behind the flows

Quick Take The Block Research’s update on Grayscale’s GBTC inflow data Grayscale’s GBTC is the second most actively traded stock on leading U.S. OTC platform, behind just Tencent B Shares; with monthly trading volumes only making up only ~25% of OTC GBTC volume in September This research piece is available to members of The Block […]

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Grayscale Adds $1 Billion to Crypto Products in Q3, Sees ‘Unprecedented Demand’ for Bitcoin Cash

Grayscale Adds $1 Billion to Crypto Products in Q3, Sees ‘Unprecedented Demand’ for Bitcoin Cash

Grayscale Investments has announced a record quarterly performance, raking in $1.05 billion in investments, mostly from institutional investors. The company also sees “unprecedented demand” for bitcoin cash. Record Quarter, Over $1 Billion Added Grayscale Investments released its third-quarter performance Wednesday. The company tweeted: We just recorded our largest ever quarterly inflows – over $1.0 billion […]

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Grayscale Investments Scooped Up Over 17,000 BTC in the Last Seven Days

Grayscale Investments Scooped Up Over 17,000 BTC in the Last Seven Days

During the last seven days, Grayscale Investments purchased 17,100 BTC or $182 million worth of bitcoin using today’s exchange rates. The company’s bitcoin position is now close to 450,000 BTC worth roughly $4.7 billion.The Grayscale Bitcoin Trust (GBTC) is a very popular investment vehicle and in 2020 the trust has obtained a massive amount of […]

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