$217 Million Pour Into Grayscale's Crypto Funds Following Bitcoin TV Ad Campaign
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$217 Million Pour Into Grayscale's Crypto Funds Following Bitcoin TV Ad Campaign

THELOGICALINDIAN - Grayscale Investments appear that it has raked in almanac investments of 217 actor the anniversary its TV bartering attack launched The companys crypto TV bartering kicked off on CNBC MSNBC FOX and FOX Business Following Grayscale Michael Novogratzs Galaxy Digital places a fullpage ad in the Financial Times

Record Investment Week After TV Commercial

In beneath than a anniversary afterwards Grayscale’s cryptocurrency TV bartering attack launched, the aggregation says it has accomplished the accomplished account advance inflows into its cryptocurrency products. Grayscale debuted a TV attack advantaged “The history of money” on Aug. 10. It aims to drag acquaintance of the company’s cast and its cryptocurrency products. Grayscale CEO Barry Silbert tweeted Friday:

Silbert said aftermost week, “We’re activity to accompany crypto to the masses,” acquainted that his company’s civic ad attack would bang off on “CNBC, MSNBC, FOX, and FOX Business.”

Grayscale now offers 10 cryptocurrency advance products. The company’s net assets beneath administration (AUM) on Aug. 14 was $5.9 billion. Its Bitcoin Trust continues in the lead, with about $4.88 billion in AUM. Last week, news.Bitcoin.com reported that Grayscale purchased over $1 actor account of bitcoins in bristles days. Earlier this month, the aggregation filed with the U.S. Securities and Exchange Commission (SEC) to access reporting status for its Ethereum Trust. Recently, Grayscale Bitcoin Cash Trust was accustomed for public trading.

Grayscale is not the alone cryptocurrency aggregation announcement bitcoin on boilerplate media platforms. Last week, Galaxy Digital placed a full-page ad in the Financial Times that reads:

The company’s CEO, Michael Novogratz, has been a backer of bitcoin; he afresh said that he adopted bitcoin to gold. The billionaire broker has predicted that the amount of bitcoin will ability $20,000 by the end of the year.

What do you anticipate about Grayscale’s TV bartering campaign? Let us apperceive in the comments area below.

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