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Grayscale Investments Tops New All-Time High In Assets Under Management

Summary: Grayscale Investments announced that the firm has reached a new all-time high (ATH) in assets under management. The current report indicates that current assets under management total $3.8 billion. Of this total, over $3.3 billion is housed in the company’s flagship fund, the Bitcoin Trust.Coming in second at $289 million is the Grayscale Ethereum Trust. These figures have ...

Grayscale Investments announced that the firm has reached a new all-time high (ATH) in assets under management. The current report indicates that current assets under management total $3.8 billion. Of this total, over $3.3 billion is housed in the company’s flagship fund, the Bitcoin Trust.
Coming in second at $289 million is the Grayscale Ethereum Trust. These figures have been influenced by rising Bitcoin and Ethereum prices after the devastating March declines and completion of Bitcoin’s third halving a week ago. As these funds grow, the firm continues to hold increasing large percentages of all existing Bitcoin. $3.3 billion in Bitcoin at the current price roughly puts the firm around 346,000 BTC — slightly less than 2% of all BTC in circulation.