Our 2019 Digital Asset Investment Report is now available. In our report, we highlight the 2019 investment activity and performance across the Grayscale family of products as well as activity in Q4 2019.

Following a record-breaking 3Q19, we continued to see strong demand with back-to-back quarterly investment in excess of $225 million. To access our entire 2019 Digital Asset Investment Report, click here — but a few highlights include:

Investment into Grayscale products for 2019 surpassed combined investment from 2013 through 2018: Amidst lackluster digital asset market performance, investment totaled $607.7 million in 2019, more than the combined investment into Grayscale’s products since inception.

Amidst lackluster digital asset market performance, investment totaled $607.7 million in 2019, more than the combined investment into Grayscale’s products since inception. Largest quarterly investment to Grayscale® Bitcoin Trust ever: With $193.8 in 4Q19, investment into Grayscale Bitcoin Trust exceeded the $171.7 million in investment raised in 3Q19. 2019 full-year investment into the Trust was $471.7 million.

With $193.8 in 4Q19, investment into Grayscale Bitcoin Trust exceeded the $171.7 million in investment raised in 3Q19. 2019 full-year investment into the Trust was $471.7 million. Expanded investor base and deepened engagement with current investors: Grayscale’s client base increased by approximately 24% in 2019, which accounted for 24% of new investment dollars ($156.9 million). With more than 75% of capital raised attributed to existing clients in 2019, it’s worth noting that 36% our clients now have allocations to multiple products within the Grayscale product suite.

Grayscale’s client base increased by approximately 24% in 2019, which accounted for 24% of new investment dollars ($156.9 million). With more than 75% of capital raised attributed to existing clients in 2019, it’s worth noting that 36% our clients now have allocations to multiple products within the Grayscale product suite. “In-kind” share creations continue to dominate investment: In-kind contributions were a major theme with the majority of investment in 2019 (76%) attributed to investors contributing tokens in exchange for shares of Grayscale products.

In-kind contributions were a major theme with the majority of investment in 2019 (76%) attributed to investors contributing tokens in exchange for shares of Grayscale products. Institutional demand continues to be long-term trend: Institutional investors continued to be the dominant driver of investment capital, with 71% of investment, dominated by hedge funds.

Grayscale is the world’s largest digital currency asset manager, with a proven track record and unrivaled experience. On a quarterly basis, we share our data with the market for two major reasons:

We believe it provides a unique perspective on digital asset investment activity that is distinct from what may be commonly understood. It may be useful to both value and momentum investors as they seek to identify dislocations between market prices and capital flows.

As our dataset grows, we will create new analytics that can be used to identify trends in the digital asset investment landscape through the Grayscale lens.

To access the entire 2019 Digital Asset Investment Report, click here: https://gryscl.co/Record-Breaking-2019.

This is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal, nor shall there be any sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.