Grayscale’s Bitcoin Investment Trust holds 1.16% of total bitcoins in circulation

posted 6 months ago
The Bitcoin Investment Trust owned by Grayscale Investments, according to recent research by Diar, shows that the trust has been accumulating Bitcoins in 2018 despite the bearish market.

According to Grayscale’s research published on December 3rd, 2018, the total Bitcoin holdings for Grayscale as of December was 203,000 bitcoins, and when compared to the 17.4 million bitcoins in circulation it controls over 1.16% of the total bitcoins. Grayscale’s total holdings in bitcoins are worth ~$784 million.
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