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 Aug 19, 2021 at 6:19 a.m. UTC
Digital asset manager Grayscale Investments reached $16.4 billion in assets under management (AUM), up from the $13 billion the firm announced last week.
- 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.
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