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Grayscale Investment Q3 inflows exceed $250M

  • Grayscale Investments reports $254.9M inflows into its investment products in Q3, up from only $84.8M in Q2 2019, and marks its strongest quarterly asset raise since the company's formation.
  • Majority of the quarter's investment capital came from institutions, with 84% of inflows coming primarily from hedge funds.
  • Grayscale Bitcoin Trust (GBTC -4.2%) brought in $171.7M in inflows.
  • Combined, Grayscale Ethereum Trust (OTCPK:ETHE -6.4%) and Grayscale Ethereum Classic Trust (OTCQX:ETCG -3.4%) had $100M of inflows YTD.

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