{"id":158923,"date":"2021-01-20T19:35:17","date_gmt":"2021-01-20T16:35:17","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/grayscale-ceo-outlines-6-themes-that-will-shape-crypto-market-in-2021\/"},"modified":"2021-01-20T19:35:17","modified_gmt":"2021-01-20T16:35:17","slug":"grayscale-ceo-outlines-6-themes-that-will-shape-crypto-market-in-2021","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/grayscale-ceo-outlines-6-themes-that-will-shape-crypto-market-in-2021\/","title":{"rendered":"# Grayscale CEO outlines 6 themes that will shape crypto market in 2021"},"content":{"rendered":"<p>&#8220;<strong># Grayscale CEO outlines 6 <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">theme<\/a>s that will shape crypto market in 2021  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvMDRmMDVmN2ItZjU5Zi00OGVjLWI4YzQtNTk0YjU2YTMwZGNiLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Michael Sonnenshein, the newly appointed CEO of Grayscale Investments, believes 2021 will mark another pivotal year for digital-asset investing as institutional capital and nation-state adoption drive the next leg of the bull market. <\/p>\n<p>In a keynote <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/crypto-finance-conference.com\/agenda\">address<\/a> at this year\u2019s virtual CFC St. Moritz Conference, Sonnenshein identified three key investment themes that underpinned Bitcoin\u2019s (BTC) dramatic breakout in 2020. They were: macroeconomic uncertainty and quantitative easing; legendary investors and brand-name companies investing in BTC; and the continued strengthening of regulatory frameworks around digital assets. <\/p>\n<p>Sonnenshein believes 2021 will see a continuation of these trends as more investors diversify into Bitcoin and other digital assets. He also identified several others that could shape the digital currency market in the near future.\u00a0<\/p>\n<p>According to Sonnenshein, the six themes that investors should look for in 2021 are:<\/p>\n<ul>\n<li>Decreased career risk associated with digital-asset investing<\/li>\n<li>Growing interest among financial advisers<\/li>\n<li>The growth of North American and clean-energy crypto mining<\/li>\n<li>Increased stablecoin integration<\/li>\n<li>Nation-state adoption of digital assets<\/li>\n<li>New regulatory developments <\/li>\n<\/ul>\n<p>Regarding nation-state adoption, Sonnenshein speculated that this will likely include the piloting of central bank digital currencies, CBDCs, as well as the possibility of Bitcoin being added as a strategic reserve for some governments.\u00a0<\/p>\n<p>On the topic of miners, he said that Foundry, a Grayscale sister company, has already become the largest cryptocurrency miner in North America. <\/p>\n<p>Digital Currency Group, the company behind Grayscale and Foundry, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/fortune.com\/2020\/08\/27\/bitcoin-mining-dcg-foundry-north-america-btc\/\">revealed<\/a> last year that it will invest $100 million into mining Bitcoin and other digital assets in North America. <\/p>\n<p>Grayscale\u2019s investment products have become a sort of bellwether for digital-asset adoption. The firm\u2019s assets under management, or AUM, exploded from just $2 billion at the start of 2020 to more than $20 billion at the end of the year. That growth has yet to taper off, with total AUM <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Grayscale\/status\/1351647612248748032\">reaching<\/a> $28.1 billion on Jan. 19. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">01\/19\/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.<\/p>\n<p>Total AUM: $28.1 billion<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BCH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BCH<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24ETC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETC<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24ZEN&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ZEN<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24LTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LTC<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24XLM&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$XLM<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24ZEC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ZEC<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/wm25kSGEwp\">pic.twitter.com\/wm25kSGEwp<\/a><\/p>\n<p>\u2014 Grayscale (@Grayscale) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Grayscale\/status\/1351647612248748032?ref_src=twsrc%5Etfw\">January 19, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-01-07\/grayscale-holds-over-3-of-bitcoin-sees-pension-fund-interest\">Holding<\/a> roughly 3% of Bitcoin\u2019s circulating supply, Grayscale appears to be having a gravitational pull on BTC\u2019s price. JPMorgan Chase strategists led by Nikolas Panigirtzoglou believe the investment manager is key to Bitcoin returning above $40,000 in the near term. In order to get there, Grayscale would need to maintain a consistent pace of buying to the tune of $100 million per day. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/grayscale-ceo-outlines-6-themes-that-will-shape-crypto-market-in-2021\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Grayscale CEO outlines 6 themes that will shape crypto market in 2021 &#8221; Michael Sonnenshein, the newly appointed CEO of Grayscale Investments, believes 2021 will mark another pivotal year for digital-asset investing as institutional capital and nation-state adoption drive the next leg of the bull market. In a keynote address at this year\u2019s virtual&#8230;<\/p>\n","protected":false},"author":1,"featured_media":158924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvMDRmMDVmN2ItZjU5Zi00OGVjLWI4YzQtNTk0YjU2YTMwZGNiLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74937,74863,90192,76550,74355,117],"class_list":["post-158923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin-price","tag-cryptocurrencies","tag-digital-currency-group","tag-grayscale","tag-adoption","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/158923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=158923"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/158923\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/158924"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=158923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=158923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=158923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}