The $2.2 billion asset managing company Grayscale reported the largest quarterly money inflow in its history — $503.7M. Among these assets, $388.9M was invested in Grayscale Bitcoin Trust (GBTC ) — twice as much as in the previous quarter ($254.8M).

These figures show that institutional investors seem to be turning to Bitcoin as a risk hedge against the backdrop of the global crisis caused by coronavirus.

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