$1.5 billion Grayscale reports record inflows, as institutions pour money into the crypto fund manager

Posted November 1, 2018

Grayscale, the digital asset asset manager, saw year-to-date inflows hit $330 million, according to its Q3 Investment Report. The report, released on Thursday, provides an overview of the firm’s business over the last three months. Per the report, Grayscale raised $81.1 million in Q3. The $330 million figure outperforms inflows through three quarters in previous years. In the same amount of time, the firm brought in a mere $25 million in 2017 and $17 million in 2016. “This marks the strongest year-to-date inflows through September that we’ve experienced during any calendar year since the inception of our business.”

Crypto Investment Stays Strong Amid Price Slump

Posted November 1, 2018

Big investors poured $81 million into cryptocurrency products offered by Grayscale Investments in the third quarter of 2018 and $330 million so far this year, according to a new report from the crypto asset manager.

Crypto investment firm Grayscale rakes in $330 million this year despite bitcoin bear market

Posted November 1, 2018

New York- based Grayscale, a subsidiary of Digital Currency Group, brought in $81.1 million in total investments for the third quarter, according to a company report published Thursday. The 33 percent uptick from the previous three months brings Grayscale’s inflows for the year to $330 million, its strongest year-to-date total since the firm started five years ago. At this time last year, the firm had raised a total $25.4 million by comparison. The firm now has $1.5 billion in customer assets.

Grayscale Makes $6.3 Million Bet on Cryptocurrency Zen

Posted September 6, 2018

Grayscale Investments, the company behind the Bitcoin Investment Trust, is creating a new fund whose sole focus is on Horizen, a little known platform that hosts a currency called Zen. The investment is notable because some large institutions rely on Grayscale’s funds to own cryptocurrency, and because of the privacy focus of Horizen.

ZEN Masters: Grayscale Launches New Investment Trust For Zcash Spinoff

Posted September 6, 2018

Grayscale Investments, the world’s largest digital currency asset manager, formally launched its ZEN Investment Trust on Thursday, bringing the firm’s suite of regulated cryptocurrency investment offerings to nine in total.

Grayscale Investments Launches Zen Investment Trust

Posted September 6, 2018

Grayscale Investments, LLC, a global leader in digital currency asset management, today announced the launch of Zen Investment Trust, a single-asset investment vehicle solely comprised of ZEN, a privacy-focused digital currency. Zen Investment Trust is the eighth single-asset investment product introduced by Grayscale, and the first security solely invested in ZEN. In addition to its single-asset products, Grayscale also manages Digital Large Cap Fund™, a diversified investment product that provides exposure to the top digital currencies by market cap.

Grayscale Releases First-Ever Digital Asset Investment Report

Posted July 18, 2018

Grayscale Investments, LLC, a global leader in digital currency asset management, today released the inaugural Grayscale Digital Asset Investment Report, a first-of-its-kind report that highlights industry trends and analyzes investment activity across the Grayscale family of products during the first half of 2018.

Grayscale Investments Announces Approval of Public Quotation for Eligible Shares of Ethereum Classic Investment Trust

Posted May 4, 2018

Grayscale Investments, LLC, a leader in digital currency asset management and the sponsor of Bitcoin Investment Trust (OTCQX: GBTC), today announced that common units of fractional undivided beneficial interest (“Shares”) in Ethereum Classic Investment Trust (the “Trust”) were approved by FINRA for a public quotation (OTCQX: ETCG) on OTC Market’s OTCQX® Best Market.

Grayscale Investments Hires Samantha McDonald to Lead Finance Team

Posted April 24, 2018

Grayscale Investments, LLC, a global leader in digital currency asset management, today announced that Samantha McDonald has joined…

Grayscale Doubles Offerings With Four New Cryptocurrency Funds

Posted March 6, 2018

Grayscale Investments Inc. announced four new funds Tuesday, each focused on a separate cryptocurrency, effectively doubling the number of its offerings. And there may be more on the way…

XRP, BCH, LTC & ETH: Grayscale Adds 4 New Crypto Trusts

Posted March 6, 2018

Grayscale Investments, the creator of the Bitcoin Investment Trust, is launching four new trusts today, doubling its number of products aimed at helping investors explore cryptocurrencies…

Grayscale Launches Fund for Top Crypto Assets

Posted February 8, 2018

The creator of the Bitcoin Investment Trust is today launching its fourth fund aimed at giving accredited investors a way to explore cryptocurrencies…

Grayscale Launches New ‘Digital Large Cap Fund’ Tied to 5 Top Cryptocurrencies

Posted February 7, 2018

The company that launched Bitcoin Investment Trust (GBTC), the first publicly traded stock to offer exposure to the price of bitcoin, is at it again…


What You Need to Know About Bitcoin Funds

Posted January 7, 2018

After all the tumult and rapid growth in bitcoin markets recently, you might wonder what is going on with the investment funds that own the digital currency. Turns out there is even more tumult and growth than in bitcoin itself…


Bitcoin led the best-performing ETFs this year

Posted December 29, 2017

The research director behind one of 2017’s top-performing exchange-traded funds is still betting on bitcoin and electric, self-driving cars. Thanks to an early investment in the Bitcoin Investment Trust (GBTC), Ark Web x.0 ETF (ARKW) and the…


Shares to be Issued In Ethereum Classic Investment Trust

Posted November 14, 2017

Grayscale Investments, a cryptocurrency investment firm that belongs to the Digital Currency Group has just released a statement indicating their intent to file for the creation of new shares for their Ethereum Classic Investment Trust. Grayscale Investments currently manages $1.2 billion in assets…

ZCash Investment Trust Launches, Expanding Investor Options For Cryptocurrency Exposure

Posted November 9, 2017

It’s now possible for some investors — wealthy ones — to obtain exposure in traditional, tax-advantaged investment accounts to hot privacy coin Zcash…