Grayscale Has $19B in Crypto Assets Under Management, Up From $16.4B Last Week

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Dec 29, 2020 at 11:07 a.m.UTC Updated Dec 29, 2020 at 2:40 p.m.UTC Grayscale Managing Director Michael Sonnenshein (CoinDesk archives) Grayscale Has $19B in Crypto Assets Under Management, Up From $16.4B Last Week Digital asset manager Grayscale Investments has passed another milestone, reaching $19 billion in assets under management (AUM) on Dec.28, up from the…

Dec 29, 2020 at 11:07 a.m.UTC Updated Dec 29, 2020 at 2:40 p.m.UTC
Grayscale Managing Director Michael Sonnenshein (CoinDesk archives) Grayscale Has $19B in Crypto Assets Under Management, Up From $16.4B Last Week
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.The latest data tweeted by Grayscale Investments showed its largest holdings by far are in bitcoin, with the Grayscale Bitcoin Trust having $16.3 billion in the top crypto asset.The firm’s Ethereum Trust now has $2.1 billion in ether AUM.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.

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Further, the current weekly volume of $2.9 million is the highest since mid-December.Meanwhile, 24-hour trading volume across all… Leave a Reply You must be logged in to post a comment.Search.

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