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Institutional

Grayscale holds over 1% of Bitcoin’s circulating supply

December 7, 2018, 4:52AM EDT

Grayscale, the largest cryptocurrency institutional investment firm, now holds over 203,000 BTC in its Bitcoin Investment Trust (GBTC), which represents 1.17% of circulating supply. The GBTC's Assets under Management (AuM) are now $826 million, which marks December the first month the AuM dropped below $1 billion in 2018. (Source: Diar)