The Cryptographic Technologies Investment Company Grayscale Wins $ 330 Million This Year


Bitcoin prices continue to fall this year, as retailers' interests plummet. But institutional investors seem to be gaining momentum and have brought the world's largest digital currency investment company to record record entries this year.

Despite the proliferation of smaller alternatives such as Ether or the XRP, called "alt coins", bitcoin is still "the king" of crypto-currencies for investors, said Grayscale,

In the third quarter, 73% of the inflows were made by the Bitcoin Investment Trust, which trades in over-the-counter markets under the symbol GBTC. Despite being "king," bitcoin is still down more than 55 percent this year and was trading close to $ 6,300 on Thursday, according to CoinDesk data.

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