<p>The multi-billion dollar digital asset manager Grayscale reported the largest quarterly inflows in its history, according to its quarterly report published Wednesday.</p> <p>In the second quarter of 2020, Grayscale raised $905.8 million across its suite of digital asset products, nearly doubling its previous high<a href="https://www.theblockcrypto.com/post/62032/grayscale-quarter-report-record-inflows-crypto" target="_blank" rel="noopener noreferrer"> from the first quarter of 2020</a> ($503.7 million). As previously reported, Grayscale offers a range of products that provide indirect exposure to digital assets like bitcoin. The second quarter's inflows brought Grayscale's 1H20 total investments to $1.4 billion, per the report.</p> <p>"Cumulative investment across the Grayscale family of products since inception has reached $2.6 billion. Grayscale Bitcoin Trust and Grayscale Ethereum Trust both experienced record quarterly inflows of $751.1 million and $135.2 million, respectively," the company said in its report.</p> <div id="attachment_71621"class="wp-caption aligncenter" style="max-width: 1218px;"><a href="https://www.theblockcrypto.com/linked/71617/screen-shot-2020-07-14-at-5-17-06-pm" rel="attachment wp-att-71621"><img class="has-caption wp-image-71621 size-full" src="https://www.tbstat.com/wp/uploads/2020/07/Screen-Shot-2020-07-14-at-5.17.06-PM.png" alt="" width="1208" height="794" /></a><p class="wp-caption-text"><em>Source: Grayscale</em></p></div> <p>New investors accounted for 14% of the inflows and represented 57% of the investor base. 84% of investments came from institutional investors that were primarily hedge funds.</p> <div class="page" title="Page 3"> <div class="layoutArea"> <div class="column"> <div id="attachment_71622"class="wp-caption aligncenter" style="max-width: 1202px;"><a href="https://www.theblockcrypto.com/linked/71617/screen-shot-2020-07-14-at-5-17-22-pm" rel="attachment wp-att-71622"><img class="has-caption wp-image-71622 size-full" src="https://www.tbstat.com/wp/uploads/2020/07/Screen-Shot-2020-07-14-at-5.17.22-PM.png" alt="" width="1192" height="820" /></a><p class="wp-caption-text"><em>Source: Grayscale</em></p></div> <p>Grayscale also reported large interest in alternative cryptocurrencies, reporting that demand for its Ethereum Trust product accounted for nearly 15% of total inflows — an all-time high.</p> <p>As of June 30, the firm had $4 billion in assets under management, per the report.</p> <div class="layoutArea"> </div> </div> </div> </div>