Welcome to the What Bit Bitcoin Did Podcast.

Hi there, how are you all?

I hope you've all had a great week.

Welcome to the What Bit coin did podcast.

This week I have an interview with Michael Sollensheen from

Greyscale Capital and with prices under pressure pretty much since January. A lot of people

keep asking the question, where are the institutional investors?

What are they investing in?

What are they doing?

Where are they?

We need them.

Quite an interesting question.

Always pops up on Twitter.

So with Michael in London, I thought it would be a good chance to have a chat with him he was in town for the

blockchain alternative investment conference I reached out to him I said can we have a chat he said yes

Which was pretty cool of him so we met at the conference we did

it in the press room so there's a little bit of background noise but it's all okay and

if you don't know Grayscale they're part of Barry Silbert's Digital Currency Group and they provide a number of products for institutional investors.

They come in the form of a single asset trust but they also have a diversified fund.

So the Single Asset Trust are for the main currencies that you know of, your

bitcoins, your etheorems, your like coins, and actually they've also

recently started a trust for Zen Cash which was quite an trust, that's something we spoke about during the

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