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20 January 2021

‘Ethereum only’ investors are growing, according to Grayscale

‘Ethereum only’ investors are growing, according to Grayscale


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In a phone interview with Bloomberg, managing director Michael Sonnenshein said 2020 has seen a significant rise in “Ethereum only” investors, underscoring the asset’s growing appeal beyond the development community.

Although Grayscale’s Bitcoin Trust remains the most popular fund, its Ethereum Trust has also seen a sharp rise in net inflows.

In the third quarter, weekly inflows into the Grayscale Ethereum Trust averaged $15.6 million.

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