Grayscale high demand14 Oct 2020 06:56
Institutional investors, primarily hedge funds, accounted for 84% of Grayscale bitcoin and cryptocurrency fund investment in the second quarter of 2020, up from 81% for the trailing 12 months. New investors represented 57% of the Grayscale investor base during the quarter, up from 49%—though they only accounted for $124.1 million of the inflow into the Grayscale digital asset products.
Could they be thinking of going into mining?