The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Investors Pumped $608 Million Into Bitcoin (BTC) and Cryptocurrency Funds in Record Year, Says Hedge Fund Giant Grayscale

by Daily Hodl Staff
January 16, 2020
in Altcoins, Bitcoin

Wall Street’s interest in the Bitcoin and cryptocurrency markets is booming, according to the digital asset manager Grayscale.

The firm says 2019 was its biggest year on record, with the yearly investment into its products reaching $607.7 million.

That number surpasses the cumulative investment from the last five years combined. The total investment across Grayscale’s products now stands at $1.17 billion.

Source: Grayscale

Grayscale says its investor base expanded by about 24% in 2019, with new clients accounting for $146.9 million.

The firm offers exposure to Bitcoin through its flagship product, the Grayscale Bitcoin Trust (GBTC). It also offers altcoin trusts, including Ethereum, XRP, Bitcoin Cash, Litecoin, Stellar, Zcash, Ethereum Classic and Horizen.

Grayscale says 36% of clients now have allocations to multiple products, with the remaining 64% invested in a single product.

A recent report from Charles Schwab found that Grayscale Bitcoin Trust is the fifth most-held equity holding by its millennial investors, ahead of Disney and Netflix.

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/LevLev

Submit a Press Release

Industry Announcements

  • $70 Million Committed to Boba Network As Foundation Concludes BOBA Token Agreement With FTX Recovery Trust
    July 1, 2025
  • Limitless Raise $4 Million Strategic Funding, Launch Points Ahead of TGE
    July 1, 2025
  • Block3 Unveils Prompt-to-Game AI Engine As Presale Launches
    July 1, 2025
  • Hyra Network Honored As ‘Technology Startup of the Year’ at the 2025 Globee® Awards
    June 30, 2025
  • Shheikh.io Launches SHHEIKH Token Presale for Blockchain-Backed Real-World Asset Investments
    June 30, 2025
  • Pi Network Unveils AI-Powered App Studio and Ecosystem Staking Features on Pi2Day 2025
    June 30, 2025
  • DWF Ventures Report Reveals $76 Billion Crypto Treasury Investment by Public Companies
    June 27, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$105,709.32
$105,709.32
1.81%
Ethereum
$2,411.32
$2,411.32
4.16%
BNB
$646.30
$646.30
2.01%
Solana
$146.32
$146.32
6.97%
XRP
$2.16
$2.16
5.79%

Spotlight

  • Crypto Analyst Unveils ‘Biggest Area’ of Accumulation for Bitcoin, Says BTC Going Much Higher in Coming Years
    June 24, 2025
  • Bank of America, Netflix and Apple Customers Targeted by Widescale Google Search Scams: Report
    June 24, 2025
  • Here’s When the ‘Real Altseason’ Will Begin, According to Closely Followed Crypto Analyst
    June 24, 2025
  • Real Estate Mogul Grant Cardone Announces 1,000 Bitcoin Purchase for New BTC Treasury
    June 24, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl