RATE Group | Cryptocurrency Stock News: Grayscale Investments Closes Out 2019 with Record Year, Raisi…
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Cryptocurrency Stock News: Grayscale Investments Closes Out 2019 with Record Year, Raisi…

16 Jan Cryptocurrency Stock News: Grayscale Investments Closes Out 2019 with Record Year, Raisi…

Posted at 19:42h in Cryptocurrency News by

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New York – January 16, 2020 (Investorideas.com Newswire) Grayscale Investments®, the largest digital currency asset manager, today released its 2019 Grayscale Digital Asset Investment Report, a comprehensive report that highlights investment activity and performance across the Grayscale family of products in 2019. During the fourth quarter of 2019, Grayscale raised $225.5 million into its investment products, bringing assets raised for the full-year to $607.7 million.

2019 marks Grayscale’s strongest annual asset raise and surpasses cumulative investment across the Grayscale family of products dating back to the firm’s inception in September 2013. Total investment since inception now exceeds $1 billion.

Grayscale® Bitcoin Trust continued to lead 2019’s investment demand with $471.7 million total, $193.8 million of which were raised in 4Q2019, marking the largest quarterly investment into the Trust since its inception.

The majority of investments continued to come…

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