Majority Of Bitcoin Investors Got In This Year, Says Grayscale
If there is one thing bitcoin bull markets are good for, it’s drawing investors into the market. This has been the case for all of the past bull rallies and the 2021 rally was no different. The number of investors who bought their first BTC this year has been significant, soaring higher than the number of investors that were already invested in the cryptocurrency. Grayscale LLC carried out a survey that showed that 2021 has been a remarkable year for new bitcoin investors who flocked to the market en masse. The multiple bull runs this year brought with it heightened interest from both....
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Grayscale's poll found that the majority of people they spoke with were interested in Bitcoin. Crypto investing firm Grayscale recently released its 2020 Bitcoin Investor Study. The report used data from a survey which digitally polled a sizable number of individuals in the U.S. between June and July. Grayscale found the majority of the surveyed people were keen on buying Bitcoin (BTC)."In 2020, more than half (55%) of survey respondents expressed interest in Bitcoin investment products," Grayscale wrote in its October 2020 report. "This marks a significant increase from the 36% of....
Grayscale Research has gone against the grain, rejecting Bitcoin’s popular 4-year cycle thesis and saying new highs could be possible next year. Grayscale Research Doesn’t Believe A Prolonged Bitcoin Decline Is Coming Yet In a new report, Grayscale Research has discussed what the latest pullback in the market could mean for Bitcoin. This drawdown, which […]
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Grayscale Investments is gearing up to launch a new investment product for Ethereum Classic (ETC) in the first quarter of this year. This will be the second investment product for the company; the first was the Bitcoin Investment Trust (BIT). Bitcoin.com caught up with Grayscale CEO and founder, Barry Silbert, to find out more about this new product.....
Will GBTC get to become the first US-based spot bitcoin ETF? The euphoria from six months ago turned into Grayscale hinting that it might sue the SEC if its request is denied. Currently, the climate dictates that the answer will probably be negative, but the company is not giving up. According to CNBC, Grayscale “met privately with the Securities and Exchange Commission last week in an effort to persuade the regulator to approve the conversion of its flagship fund into an ETF.” Related Reading | Grayscale Removes Bancor (BNT) And Universal Market Access (UMA) From Its DeFi Fund The....