Grayscale Assets Tripled in Q2 with Institutional Demand Strengthening to Reach its Highest Level

  • Q2 2019 saw the strongest quarterly inflows
  • Institutional investors comprised the highest percentage of total demand at 84%, dominated by hedge funds

In Q2 of 2019, we saw Bitcoin adding $7,000 in its value. We went from $4,100 to over $11,200, at one point BTC/USD climbed to even $13,900.

This surge in BTC price also has Grayscale Investments’s assets under management nearly tripling in this quarter, revealed the company in its Q2 2019 report.

A digital currency investing and cryptocurrency asset management firm, Grayscale majorly deals in Bitcoin along with Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Horizen, XRP, Stellar, and Zcash.

Q2 2019 Saw The Strongest Quarterly Inflows

In the first half of 2019, total investments recorded by the organization has been $127.4 million, out of which $84.8 million belongs to the second quarter. Average weekly investment in its Bitcoin Trust also increased from $4.1 million to $4.9 million.

The digital asset market rebound, as evident from the increase in its investments under management, gained momentum, in Q2 2019. Not just on Bitcoin, but all ten of its investment vehicles generated positive performance.

Quarterly returns for Grayscale Bitcoin Trust registered were 178.8% and 147.6% by Grayscale Digital Large Cap Fund.

“Grayscale assets under management (“AUM”) nearly tripled from $926 million to $2.7 billion amid digital asset market resurgence.”

This has been the “strongest quarterly inflows,” since Q2 of 2018 that nearly doubled quarter-over-quarter, driven by fresh investment.

Interestingly, new investment was temporarily closed throughout May and June.

Hedge Funds Dominated Institutional Investors

As for altcoins' investment cycle, it was led by Ethereum and Ethereum Classic Trust. In Q2, Grayscale Products ex Bitcoin Trust accounted for 24% of inflows while Grayscale Ethereum Trust reached $14 million followed by Grayscale Ethereum Classic Trust which reached $5.5 million.

Additionally, 76% of Q2 2019 inflows were into Grayscale Bitcoin Trust.

This growth in Grayscale products is primarily driven by institutional demand which the company states continue to


In Q2, institutional investors, dominated by hedge funds comprised the highest percentage of total demand for Grayscale products at 84%, since they first started publishing the report a year back.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

AnTy has been involved in the crypto space full-time for over two years now. Before her blockchain beginnings, she worked with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different industry segments.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

IRS Criminal Investigation Division Wants to Track Privacy Coins, Layer-2, and Sidechains

It has been no secret that the top federal law enforcement agency under the U.S Department of Treasury, the Criminal Investigation Division (CI), is...

US Court Tosses Appeal in Child Exploitation Case; Accessing Coinbase Account Didn't Violate Fourth Amendment Rights

Richard Gratkowski, convicted of purchasing and receiving child pornography, and accessing websites with an intent to access child porn, was sentenced to 70 months...

Lebanon’s Fiat Currency, the Lira, Drops 50% of Its Value in 10 Days Due to Hyperinflation

Lebanon's financial crisis is only deepening with each passing day, as the country is engulfed in hyperinflation. An unofficial report suggested that the value of...

Bitcoin-based Startup Zap Opens Strike for Public Beta And Plans to Release Visa Rewards Card

Jack Mallers, Zap founder, revealed on Thursday that Zap’s Strike product, which enables individuals to receive Bitcoin in US dollar form through direct bank...

Techemy Capital Plans To Launch Compound (COMP) Investment Portfolio for Yield Farmers

Techemy Capital, a New Zealand based digital asset investment firm and fund management, announced the planned launch of new DeFi strategic investment products next...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today