New York, July 16, 2019 (GLOBE NEWSWIRE) — Grayscale Investments, LLC, a global leader in digital currency asset management, today released its Q2 2019 Grayscale Digital Asset Investment Report, a comprehensive report that highlights investment activity and performance across the Grayscale family of products between April 1, 2019 and June 30, 2019.
During the second quarter of 2019, Grayscale raised $84.8 million into its single-asset and diversified investment products. With a nearly 100% increase in quarter-over-quarter product inflows, this growth demonstrates that the recent rally in digital asset prices is supported by fresh investment.
Q2 2019 also marked the first positive quarterly performance for all of the ten Grayscale investment vehicles.*
To read the entire Grayscale Digital Asset Investment Report, click here: gryscl.co/Q2-19PR.
Grayscale’s investment products are available to institutional and accredited individual investors through their respective private placements. Grayscale’s single-asset investment products provide exposure to Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Horizen (ZEN), Litecoin (LTC), Stellar Lumens (XLM), XRP, and Zcash (ZEC). Grayscale’s diversified investment vehicle, Grayscale Digital Large Cap Fund™, provides exposure to the top digital currencies by market capitalization.
Additionally, secondary markets exist for three of Grayscale’s products as Grayscale Bitcoin Trust™ (OTCQX: GBTC), Grayscale Ethereum Trust (OTCQX: ETHE), and Grayscale Ethereum Classic Trust™ (OTCQX: ETCG) are publicly-quoted and available to all individual and institutional investors on the OTCQX® Best Market.**
As of July 15, 2019, the firm managed approximately $2.5 billion in assets under management.
Grayscale is a wholly-owned subsidiary of Digital Currency Group, which builds, buys, and invests in more than 140 bitcoin and blockchain companies around the world.
(Excerpt) Read more Here | 2019-07-16 13:00:00