We're pleased to share the Grayscale Digital Asset Investment Report for 3Q20, which was the firm's third consecutive record-breaking quarter. 3Q20 highlights include: - Grayscale raised $1.05 billion into its investment products, our largest ever quarterly inflow. That brings year-to-date investment into the Grayscale family of products to over $2.4 billion, which is more than double the $1.2 billion cumulative inflow into the products from 2013-2019.
- The most notable uptick in growth in Q3 came from products that hold alternative assets, with unprecedented demand for Grayscale® Digital Large Cap Fund, Grayscale® Bitcoin Cash Trust, and Grayscale® Litecoin Trust in particular. On average, the aforementioned products saw inflows increase by more than 1400% quarter-over-quarter.
- Grayscale® Bitcoin Trust has seen its assets under management surge from $1.9 billion to $4.7 billion YTD, which includes $719.3 million in 3Q20 inflows.
- Grayscale® Ethereum Trust has garnered the attention of a new segment of Ethereum-only institutional allocators, with over 17% of inflows into the Trust coming from new institutional investors in 3Q20.
We invite you to read the full investment report for additional insights and metrics: If you're interested in investing in any of the Grayscale investment products at their respective net asset value and you're an accredited investor,* we invite you to start the application process today. Please note that all products are currently open for daily subscription. If you have any questions about Grayscale or our products, please don't hesitate to reach out to our team. All the best, The Grayscale Team *An accredited investor, in the context of a natural person, includes anyone who either earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR, has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person's primary residence). |
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