SkrillaKing: THIS is where the BIG MONEY is going - Grayscale Q2 2019 Report
While everyone is talking about Congress, or Libra, or even FUD woes of Bitcoin (BTC) retracing some 40% following a significant rally many institutional investors are piling up on Bitcoin (BTC) and many altcoins like Ethereum (ETH) and smaller cap assets.
With Ethereum (ETH) recently utilizing Bitcoin Cash (BCH) - could an altcoin season really be on the horizon?
I don't think so. As far as the average small investor, not quite yet. But what is happening is large hedge funds, pension funds, venture capital firms and other institutional investors ARE jumping into this space.
Grayscale currently holds the majority of those institutions cryptocurrency holdings. Every quarter they release a report to help people like you and I better understand what's happening. That report recently shows Bitcoin (BTC) continuing it's dominance as the most acquired asset, but shows some striking differences to their previous reports. This report looks more like it did back in the insane 2017/2018 ICO and altcoin craze. Smart money is heading into Ethereum (ETH), Bitcoin (BTC), and I'm sure a number of other alts.
These reports are handy to know and expect, as I think they provide a lot of value.
Grayscale Q2 Report:
https://grayscale.co/digital-asset-investment-report-2019-q2/
Grayscale Q1 Report:
https://grayscale.co/digital-asset-investment-report-q1-2019/?utm_medium=content&utm_source=medium&utm_campaign=2019q1report&source=post_page---------------------------
https://grayscale.co/digital-asset-investment-report-q1-2019/?utm_medium=pr&utm_source=release&utm_campaign=2019q1report
Cryptoslate article:
https://cryptoslate.com/institutional-demand-for-bitcoin-and-ethereum-causes-grayscale-aum-to-nearly-triple-reduces-exposure-to-xrp/
Dropgold: https://dropgold.com/
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