Coinspeaker Grayscale Raised Historic $500M in First Quarter, Now It Holds 1.7% of Bitcoin Supply$160.1 million of the $503.7 million raised during the first quarter of 2020 is the inflow from new investors. According to Grayscale, the source of 88% of the funds came from hedge funds and other institutional investments. Grayscale Raised Historic $500M in First Quarter, Now It Holds 1.7% of Bitcoin Supply