$94,953.00
0.06%$1,806.33
-1.27%$2.23
-2.48%$602.85
-0.77%$147.22
-1.10%$0.999895
-0.00%$0.175405
-2.08%$0.69827
-1.95%$0.245251
-0.87%$1,803.72
-1.31%$94,905.00
0.04%$3.54
-0.69%$14.57
-3.47%$21.65
-2.25%$0.278803
-0.57%$9.03
0.91%$3.23
-1.07%$0.00001342
-2.20%$0.186372
-1.43%$0.999929
0.01%$2,165.23
-1.38%$366.06
-2.04%$84.89
-1.33%$4.13
-3.34%$18.58
-1.53%$1.001
0.17%$4.39
-0.29%$1,807.19
-1.14%$275.82
-1.17%$0.999889
0.04%$29.09
-0.56%$1,922.76
-1.36%$0.576984
-0.13%$95,022.00
0.08%$0.00000891
-1.18%$5.40
-3.47%$5.35
-2.45%$364.64
-4.64%$51.52
-1.01%$2.52
-2.78%$1.05
0.01%$0.932846
-4.11%$21.80
-1.26%$13.09
-4.92%$4.90
-3.85%$1.00
0.00%$16.80
-2.83%$31.15
-0.05%$164.55
-2.53%$0.736602
0.37%$0.089739
-2.35%$0.090398
-6.71%$0.02699179
-2.69%$4.47
-0.81%$1.001
0.23%$1.17
-0.00%$0.23694
-1.48%$0.228287
-1.94%$4.38
-2.41%$94,881.00
0.17%$0.720011
-2.00%$4.29
-0.14%$2.76
-0.83%$0.319051
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-3.70%$1.00
0.12%$1.083
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0.13%$10.74
0.70%$0.459815
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-3.34%$0.755441
-4.33%$0.079242
-0.69%$0.810166
-3.14%$154.56
-0.91%$1.21
-1.23%$0.01833647
1.73%$1.14
-0.28%$4.08
-0.19%$75.51
-0.96%$1,807.72
-1.00%$0.210557
-2.88%$0.575065
-0.89%$0.685129
-0.76%$1,875.33
-1.53%$1.001
0.08%$9.71
-2.36%$0.098027
-2.44%$1.001
0.16%$0.663115
0.30%$603.21
-0.56%$0.9997
-0.02%$0.00008998
6.45%$1.30
-9.50%$2,048.57
-1.22%$2.84
-3.59%$0.01689017
1.08%$3,289.85
-0.75%$0.792122
0.41%$1.00
-0.01%$0.210596
-1.66%$3,292.44
-0.66%$38.28
-2.20%$94,879.00
0.04%$0.753303
-4.61%$0.836885
-1.42%$0.01695111
-2.57%$162.63
-1.01%$13.04
-0.15%$96,048.00
0.71%$189.53
-1.15%$3.98
-3.32%$0.295201
-1.92%$0.563851
-8.14%$0.00000071
-0.41%$1,919.78
-1.31%$0.0107931
-10.59%$0.115338
-1.62%$2.07
0.38%$0.997781
0.01%$3.04
-0.71%$0.403522
-1.61%$0.998845
0.01%$0.062535
-3.05%$0.244284
-1.12%$0.609351
1.14%$0.01815891
-3.11%$18.09
-2.27%$1.11
0.62%$0.31515
-2.29%$1.82
-2.11%$0.559176
-0.37%$1,884.18
-1.52%$35.15
-2.34%$0.152897
-2.83%$3.40
0.50%$0.562404
-2.48%$0.00906126
-4.52%$0.069901
0.86%$95,000.00
-0.19%$0.649069
-1.89%$0.998484
-0.05%$0.612591
-2.05%$17.48
1.08%$0.419803
2.00%$0.196145
-6.72%$0.00532505
-0.95%$95,658.00
-0.13%$94,773.00
-0.07%$0.502191
-6.18%$0.999903
0.00%$1.36
-1.79%$1,889.28
-1.38%$0.438163
-2.39%$0.999903
0.00%$88,564.00
-4.50%$0.175377
-2.06%$0.00002237
-0.37%$6.77
-4.38%$6.19
-0.57%$1.57
-3.68%$94,750.00
-0.13%$0.540366
-1.98%$0.148187
-2.36%$1,807.23
-1.29%$110.87
0.01%$0.00000042
-0.89%$0.080529
0.50%$0.237059
-1.50%$1.085
0.01%$1.002
-0.03%$0.08849
-1.12%$2.51
-3.95%$3.64
-3.28%$0.04140708
-1.95%$1,804.82
-1.30%$1,921.07
-1.26%$0.00728813
1.29%$0.189141
11.19%$41.83
-1.41%$0.03751746
-4.41%$0.393256
6.10%$1,807.29
-1.19%$0.374116
-0.10%$21.59
-0.33%$0.556607
-2.14%$0.00417284
1.99%$1.001
0.06%$1.41
6.44%$0.132104
0.82%$1,798.67
-1.60%$31.53
5.94%$0.01762392
-1.28%$0.804554
-1.81%$0.00006101
-1.80%$1.00
-0.01%$1,823.33
-2.20%$1.001
0.36%$0.00466944
-0.46%$0.71258
0.34%$0.99982
-0.02%$1.001
0.10%$2.84
-3.71%$0.698008
-5.27%$94,906.00
0.02%$0.727764
0.05%$0.521932
-7.98%$0.272824
-14.48%$0.242339
-0.73%$24.28
2.30%$3.63
-3.95%$0.00000144
1.46%$113.09
-1.54%$0.140086
-0.31%$1,794.68
-1.11%$1.21
-0.07%$0.206831
-0.94%$0.999385
-0.04%$0.998984
-0.02%$18.58
-1.57%$94,644.00
-1.42%$0.00275897
0.68%$0.273862
-1.88%$0.00266168
1.01%$3,208.05
-3.27%$1,910.85
-1.34%$0.03129901
3.63%$2.81
-0.01%$0.529558
-0.65%$0.03801578
-1.17%$0.00293468
0.15%$15.77
-3.65%$0.00344953
-4.75%$1,906.77
0.05%$0.258943
9.69%$0.109646
-1.28%$0.247468
-2.54%$0.958139
-0.72%$1.096
-0.11%$21.64
-2.29%$0.01271206
-2.61%$0.725917
-2.40%$0.09085
-6.43%$0.596326
-1.97%Reading
New York-based crypto-fund manager Grayscale today reported record Ethereum inflows in the past quarter—more than the total of all previous inflows for the cryptocurrency. The new data suggest that institutional investors have been scooping up Ethereum, despite a historically tumultuous market.
Grayscale’s investment products provide indirect exposure to cryptocurrencies. Its latest report shows that the asset manager enjoyed the largest quarterly influx of inflows across all its products since it launched in 2018. In total, it raised $503.7 million this quarter, half the total amount ($1.07 billion) for the last 12 month period.
Grayscale’s Bitcoin Trust accounts for the bulk of this amount, with an inflow of $388.9 million. But most impressive is the surge in popularity for the Ethereum Trust, which saw a record $110M in quarterly inflows. The trust’s combined inflows for the past two years amount to $95.8 million, as Spencer Noon, head of crypto investments at DTC Capital, pointed out in a tweet.
Institutional investors are buying $ETH
The cat is officially out of the bag
From the latest @GrayscaleInvest report:
Ethereum Trust saw $110M in Q1 inflows
This is more than all of its previous inflows combined for the past 2 years ($95.8M)
— Spencer Noon (@spencernoon) April 16, 2020
Grayscale’s success must be viewed in the context of a market rout which crypto assets did not escape. On March 12, Bitcoin had its worst day in history, when its price dropped from $7,900 to $4,600—over 40%.
Notably, inflows into Grayscale’s Ethereum Trust first began to outpace Bitcoin in the week that followed. It suggests that Bitcoin could be losing its sheen as a safe haven asset.
According to Grayscale, the figures show “strong and sustained evidence that investors are increasing their digital asset exposure.”
In a year of unprecedented economic upheaval, it’s a glimmer of hope that investment community interest is strong— particularly for Ethereum.
Nasdaq has applied to the U.S. Securities and Exchange Commission for a rule change that would allow the exchange to list shares of a 21Shares exchange-traded fund based on the price of Dogecoin, according to a filing Tuesday. The 21Shares Dogecoin ETF would track the popular meme coin’s price, mirroring spot Bitcoin and Ethereum ETFs that gained approval last year, according to the 19b-4 document. 21Shares followed crypto asset managers Grayscale and Bitwise as Dogecoin ETF hopefuls, filing an...
El Salvador’s Bitcoin accumulation quietly persists under IMF watch. While President Nayib Bukele’s government formally paused its Bitcoin acquisitions by public sector entities to satisfy International Monetary Fund (IMF) loan conditions, the country's Bitcoin Office continues to quietly expand the country’s national reserves. In the past month, El Salvador added another 32 BTC worth more than $650,000, bringing its total holdings to 6,161.18 BTC valued at roughly $584 million, consistent with...
Privacy blockchain Monero (XMR) jumped 51% on Monday—and on-chain investigators pointed to hackers laundering $330 million in stolen Bitcoin as the likely culprit. Early on Monday, on-chain sleuth ZachXBT highlighted a “suspicious transfer” made from a “potential victim” of 3,520 BTC (worth approximately $333 million). Soon after, the funds were swapped to XMR via multiple exchanges. ZachXBT believes this was “theft” due to the high fees paid and the suspicious activity once the funds had been m...
