UTC-05:00,Sunday , May 24th 2020

Grayscale Bitcoin Fund Assets Grow 10x Year-Over-Year

22:50 Saturday , May 23rd 2020
Grayscale Investment's flagship Bitcoin Trust fund has seen a ten-fold increase in assets under management year-over-year.
The average weekly investment in Q1 2019 was just $3.2 million, compared to nearly $30 million this year. The growth has allegedly been the result of the arrival of 'institutional money.'
Grayscale founder and CEO Barry Silbert weighed in on the tweet as well, hinting that the growth looks to be continuing in Q2.
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