Grayscale Investment has published its third-quarter report for this year. The report highlights that institutional investors have made up the majority of its fund inflows in over the past three months. This suggests that smart money might be buying into cryptocurrencies in anticipation of an upcoming rally.
Grayscale Investment provides investments trusts that hold digital currencies and therefore enables institutions and accredited investors to invest in digital assets through a regulated investment vehicle. Grayscale is currently offering a single asset exposure to Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ethereum Classic, XRP, Zcash and ZEN which runs a digital asset large-cap fund that invests in a portfolio of composed of Bitcoin, XRP, Litecoin, Ethereum, Bitcoin Cash.