{"id":35212,"date":"2021-01-22T17:37:59","date_gmt":"2021-01-22T15:37:59","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35212"},"modified":"2025-08-29T00:13:18","modified_gmt":"2025-08-28T21:13:18","slug":"grayscale-bitcoin-trust-pulls-in-a-record-1-2-billion-in-a-week","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/grayscale-bitcoin-trust-pulls-in-a-record-1-2-billion-in-a-week\/","title":{"rendered":"Grayscale Bitcoin Trust pulls in a record $1.2 billion in a week"},"content":{"rendered":"<p>Asset-management firm Grayscale Investments increased the Bitcoin Trust (GTBC) assets by a record $1.2 billion over the past week, according to the latest <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1588489\/000156459021001769\/gbtc-8k_20210115.htm\" target=\"_blank\" rel=\"noopener noreferrer\">report<\/a> to the U.S. Securities and Exchange Commission (SEC).<!--more--><\/p>\n<p>The exact increase in GBTC assets for the period was 35 159 BTC worth $1 276 147 151. In the fourth quarter of 2020 the trust attracted an average of $217 million per week.<\/p>\n<p>As of January 22, the flagship Grayscale product had accumulated 616 558 BTC, according to <a href=\"https:\/\/bitcointreasuries.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin Treasuries<\/a>, worth about $20 billion. This accounts for more than 3% of Bitcoin&#8217;s current circulating supply.<\/p>\n<p>As reported on January 12, Grayscale <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-investments-resumes-accepting-deposits-in-cryptocurrency-funds\">resumed<\/a> accepting investments in some trusts. The company <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-investments-pauses-investments-in-six-cryptocurrency-funds\">paused<\/a> fundraising at the end of 2020.<\/p>\n<p>Last year, institutional investors <a href=\"https:\/\/u1f987.com\/en\/news\/institutions-bought-more-than-1-million-btc-worth-about-40-billion-at-current-prices\">purchased more than 1 million BTC<\/a> \u2014 5.57% of the cryptocurrency&#8217;s market supply. One of the most active investors was Grayscale.<\/p>\n<p>In a previously published report, total inflows into the company&#8217;s cryptocurrency trusts in the final months of 2020 <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-crypto-funds-attract-record-3-26-billion-in-q4\">amounted to $3.26 billion<\/a>.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 full news coverage, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asset-management firm Grayscale Investments increased the Bitcoin Trust (GTBC) assets by a record $1.2 billion over the past week, according to the latest report to the U.S. Securities and Exchange Commission (SEC).<\/p>\n","protected":false},"author":1,"featured_media":35213,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[943,1156,52],"class_list":["post-35212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-grayscale-investments","tag-institutional-investors-and-whales","tag-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=35212"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35212\/revisions"}],"predecessor-version":[{"id":35214,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35212\/revisions\/35214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/35213"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=35212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=35212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=35212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}