in ,

Grayscale Has $16.4B in Crypto Assets Under Management, Up From $13B a Week Ago

grayscale-has-$16.4b-in-crypto-assets-under-management,-up-from-$13b-a-week-ago

Grayscale’s Michael Sonnenshein speaks at Invest: NYC 2019.
(CoinDesk archives)

Grayscale Has $16.4B in Crypto Assets Under Management, Up From $13B a Week Ago

Digital asset manager Grayscale Investments reached $16.4 billion in assets under management (AUM), up from the $13 billion the firm announced last week.

  • 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 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.

Grayscale’s assets under management, Dec. 23, 2020
(Grayscale Investments)

https://www.coindesk.com/grayscale-has-16-4b-in-crypto-assets-under-management-up-from-13b-a-week-ago

Leave a Reply

Your email address will not be published. Required fields are marked *

sec-chairman-clayton-says-wednesday-is-his-last-day-in-office

SEC Chairman Clayton Says Wednesday Is His Last Day in Office

ceo-of-mti-bitcoin-ponzi-scheme-flees-south-africa-in-possible-exit-scam-–-funds-blocked

CEO of MTI Bitcoin Ponzi Scheme Flees South Africa in Possible Exit Scam – Funds Blocked