Michael Sonnenshein, managing director of Grayscale Investments, talks about the strong growth in investment in its products, with inflows in Q2 totaling more than $900 million, bringing assets under management to over $5 billion. He discusses how Grayscale:

  • saw more than $900 million in investment in Q2, up from $500 million in Q1
  • why the macro environment is causing investors to focus on crypto
  • why investors are expressing growing interest in the Grayscale Ethereum Trust
  • how 80% of Grayscale investors have exposure to more than one asset
  • which types of investors are coming in
  • what developments within the crypto space are also leading to the increased inflows into Grayscale products
  • Grayscale’s filing of a Form 10 for the Grayscale Ethereum Trust, which will enable it to become an SEC-reporting company
  • why it is doing so for the Ethereum Trust as opposed to Ethereum Classic
  • how the Grayscale Bitcoin Cash and Litecoin Trusts will soon by publicly trading
  • what metrics they use to determine whether to bring a digital asset to market
  • who are attracted to the Grayscale Digital Large Cap fund (GLDC)
  • how Grayscale grew to have $5 billion in assets under management

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Episode links: 

Michael Sonnenshein: https://twitter.com/Sonnenshein

Grayscale: https://grayscale.co

Grayscale’s filing of the Form 10 for the Ethereum Investment Trust: https://www.forbes.com/sites/michaeldelcastillo/2020/08/06/valuable-sec-data-on-20-institutional-bitcoin-investors-could-soon-disappear/#27352c561de2

Links from news recap: