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Vladar49
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How Crypto and Blockchain Can Benefit Institutional Investors

Wed Feb 06, 2019 12:55 am

Grayscale is one of the biggest institutional holders of Bitcoin (BTC) with a total of $797 million Assets Under Management (AUM) at the end of last year, down from a high of more than 2.8 billion, Medium reports.

Looking at the data, one could think that various institutions are seriously withdrawing their BTC holdings, however, one needs to first factor in the price reduction. The number of BTCs that are owned by Grayscale in the BTC Investment Trust has for long been soaring up to more than 200,000 BTCs.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/crypto-blockchain-investors/

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