Investments in Grayscale Trusts have exceeded $1 bln in III quarter 2020 of the year

Grayscale Investments digital assets management reported on the results of the III quarter 2020 years - investment in Grayscale trusts reached record $1.05 billion.

Representatives of the company noted, that in the III quarter 2020 of the year 81% funds in Grayscale products were invested institutional customers. GrayScale Bitcoin Trust remains the most popular company's company - for the reporting period it was invested in it $719.3 million.

Interesting, that although the bitcoin trust remains the most popular, Investments in the trains on Bitcoin Cash and Litecoin, and also to the Digital Large Cap fund increased immediately by 1 400% per quarter.

For 2020 year in Grayscale products was invested $2.4 billion is twice as much, what was invested in the company's trusts for the period from 2013 by 2019 the years. In total, As of 30 september, Grayscale controls assets for the amount $5.9 billion. The company's portfolio has 10 investment products.

At the end of September, investment in Grayscale Bitcoin Trust was in just a week $186 million. Recently, the company registered Ethereum Trust (That) In the US Securities and Exchange Commission (SEC).

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