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27 October 2020

Grayscale Adds $1 Billion to Crypto Products in Q3, Sees 'Unprecedented Demand' for Bitcoin Cash | Markets and Prices Bitcoin News

Grayscale Adds $1 Billion to Crypto Products in Q3, Sees 'Unprecedented Demand' for Bitcoin Cash | Markets and Prices Bitcoin News


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Specifically, the company revealed that the total investment into its products in 3Q 2020 was $1.05 billion, noting that the majority of investment (81%) came from institutional investors, dominated by hedge funds.

The total investment into Grayscale’s products was $2.7 billion over the 12-month period ending Sept.

Grayscale also revealed that three products have seen “unprecedented demand.” The company detailed, “Grayscale’s Bitcoin Cash, Litecoin, and Digital Large Cap [DLC] products have all seen over 10x growth in inflows quarter-over-quarter,” elaborating:.

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