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Grayscale Has $16.4B in Crypto Assets Under Management, Up From $13B a Week Ago
The firm's bitcoin assets under management rose by more than $3 billion in a week.
Updated Apr 10, 2024, 2:28 a.m. Published Dec 24, 2020, 12:24 a.m.
Make us preferred on GoogleDigital asset manager Grayscale Investments reached $16.4 billion in assets under management (AUM), up from the $13 billion the firm announced last week.
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- Data tweeted by the firm showed its largest holdings remain in bitcoin, with the Grayscale Bitcoin Trust having $14.1 billion in the top crypto asset. The firm's Ethereum Trust now has $1.81 billion in ether AUM.
- Grayscale also has trusts for litecoin ($125.0 million), bitcoin cash ($70.7 million), ethereum classic ($67.7 million) and others with less significant holdings including XRP, XLM and zcash.
- New York-based Grayscale is owned by Digital Currency Group, the parent company of CoinDesk.
Read also: SkyBridge's Scaramucci Sees Bitcoin Rally in 'First Inning'
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