Determining Bitcoin’s (BTC) value can be more complicated than simply looking at its current market price.
“Most Bitcoins already cost at least $100,000, but probably more like $10 million,” said Michael Goldstein, also known as Bitstein, in an Aug. 17 tweet.
Ether (ETH) options contracts open interest have grown five-fold in the past three months to currently sit at $452 million.
The $112 million set to expire this Friday could have a considerable market impact, although that will depend on the balance between bullish and bearish strategies.
Greyscale investments inflows reach a record-breaking $900 million in Q2.
According to its report, 85% of inflows come from institutional buyers.
The Grayscale Etherum Trust has hit an all-time high with $135.2 million committed.