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Bitcoinist
2018-12-05 16:00:28

New Data Shows Grayscale Fund Quietly Buying Bitcoin – Now Controls 1% of Supply

Grayscale investors and a few Ethereum whales have reportedly been accumulating more Bitcoin and Ethereum as the price is at yearly lows. Grayscale Has 1%  of Bitcoin Circulating Supply While 2018 continues to be a challenging year for cryptocurrencies, some big-money players are taking advantage of lower prices to increase their virtual currency holdings. According to Diar, Grayscale Bitcoin Investment Trust (GBTC) now holds over 200,000 BTC for its institutional investor clientele. With 17.4 million BTCRead MoreThe post New Data Shows Grayscale Fund Quietly Buying Bitcoin – Now Controls 1% of Supply appeared first on Bitcoinist.com.