Analyst Kevin Rook said that after halving, Grayscale attracted approximately 50% more Bitcoins than was mined.

After May 11, the reward for mining BTC was halved. At the same time, the Grayscale Investments crypto fund accumulates Bitcoins at an incredible pace. According to Ruka, after halving the Grayscale Investment Trust increased by 18,910 BTC, while only 12,337 coins were mined during the same time period.

Changin Zhao, CEO of the leading cryptocurrency exchange Binance, commented on Ruk's statement:

Last week, Rook estimated that in the first quarter, the proportion of Bitcoins purchased by Grayscale relative to the new supply volume was 33% -34%: 60,762 BTC were accumulated over 100 days.

Over the past quarter, the average weekly investment in Grayscale Trust reached $ 29.9 million. The growth relative to the same period last year was 800%.

Grayscale founder Barry Silbert said the numbers for the next reporting period will be even higher, he called for "just waiting until you see the numbers for the second quarter."

It is already becoming clear how strong the presence of institutional investors in the crypto industry has become. According to Ruka, after a halving, 1112.35 BTC per day is involved in the trust, for comparison - in the first quarter this indicator amounted to 607.62 BTC. Thus, the activity of institutions has doubled.