Grayscale assets under management reach $19 billion

Assets of Grayscale Investments funds in Bitcoin, Ethereum and other cryptocurrencies reached $19 billion. According to founder Barry Silbert, the figure has risen 2.5 times in two months.

UPDATED

Grayscale AUM on Nov 1: $7.6 billion
Grayscale AUM today: $19 billion https://t.co/WMNm9bUv5n

— Barry Silbert (@BarrySilbert) December 28, 2020

As of November 1, the asset value stood at $7.6 billion. By December 15, the figure had risen to $13 billion, nearly doubling over a month and a half.

The lion’s share of the company’s assets is in the Grayscale Bitcoin Trust fund. данным Bybt as of December 29, this fund contains 607,140 BTC worth more than $16.26 billion. The GBTC share trades at a price of $25.51 with a [simple_tooltip content=’Премия показывает разницу в стоимости актива на открытом рынке и в составе фонда Grayscale.’]premium[/simple_tooltip] 19.48%.

The second-largest asset fund, the Grayscale Ethereum Trust, holds 2.94 million ETH worth $2.16 billion. Its shares trade at $7.39 with a premium of 128.69%.

Remaining assets are spread across funds based on Litecoin, Bitcoin Cash and Ethereum Classic.

Earlier, on December 23, Grayscale Investments halted deposits in six cryptocurrency funds.

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