Featured Thinking

Reports put together by the research team at Grayscale.                                                                                                    

Featured Thinking

Making Sense of Bitcoin’s Value

Valuing Bitcoin

Professional investors should feel confident navigating a conversation around Bitcoin. As this asset continues to pervade advisory conversations and investment committee meetings, the unique qualities Bitcoin possesses can make valuation a daunting task.
Central Bank Digital Currencies

Central Bank Digital Currencies

Bitcoin’s growing popularity, the digitization of payment systems, and the demand for stablecoins have prompted countries to explore central bank digital currencies (CBDCs).
Bitcoin’s Quantitative Tightening

Bitcoin’s Quantitative Tightening

As the world grapples with COVID-19, it’s important for investors to understand the effects of government monetary and fiscal intervention, particularly in the context of digital currencies like Bitcoin and the unique attributes they possess.

Valuing Ethereum

With activity growing on Ethereum, a public blockchain that facilitates the execution of complex autonomous applications, investors are wondering how exactly to value the native asset of the network, Ether. In August, Grayscale released a report on Valuing Bitcoin to help investors understand why Bitcoin has value and how they can monitor important underlying metrics.
Bitcoin & The Rise of Digital Gold

Bitcoin & the Rise of Digital Gold

Over the last decade, Bitcoin has grown from a small-scale experiment into the dominant leader of a new asset class with the potential to revolutionize many aspects of our lives.

The Modern Portfolio

New asset classes — like digital assets — are rare and powerful because they offer a unique return stream that can diversify a portfolio. While this might seem like a simple concept, few investors truly appreciate the impact this can have on the return/risk profile of a portfolio, and subsequent wealth creation.

A New Frontier: How Digital Assets Are Reshaping Asset Allocation

Digital assets are an entirely new asset class, created through a combination of computer science, cryptography, economics, and network theory. As they transform our global financial infrastructure and challenge modern monetary theory, we believe digital assets are one of the most exciting investment opportunities of the 21st century.
Using Bitcoin to Hedge

Using Bitcoin to Hedge Against Global Financial Crises

Financial crises are happening more frequently and span across many geopolitical regions. For example, during the Global Financial Crisis (GFC) between October 2007 and March 2009, the S&P 500 and several of its global equity counterparts lost more than half of their value, erasing decades of wealth accumulation and challenging our understanding of market efficiency and systemic risk.