Grayscale Now Holds 1.7% of Bitcoin Supply After Record $500M Quarter

Bitcoin investors shun “risk-off” mood

In terms of assets under management as a proportion of the total cryptocurrency market cap, Grayscale controls 1.2% of the world’s crypto.

Institutional sentiment in flux

Despite mixed opinions as to the impact of vast swathes of institutional investors handling Bitcoin, either directly or indirectly, a survey this week suggested that users no longer see the sector as the main threat to Bitcoin price stability.

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