Grayscale Has $19B in Crypto Assets Under Management, Up From $16.4B Last Week
The latest data showed the firm's largest holdings by far are in bitcoin, with the Grayscale Bitcoin Trust having $16.3 billion under management.
Dec 29, 2020 at 11:07 a.m. UTCUpdated Aug 19, 2021 at 6:23 a.m. UTC
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Digital asset manager Grayscale Investments has passed another milestone, reaching $19 billion in assets under management (AUM) on Dec. 28, up from the $16.4 billion announced last week.
- Grayscale also has trusts for litecoin ($151.3 million), bitcoin cash ($85.5 million), ethereum classic ($72.9 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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