Grayscale’s assets under management exceed $50 billion.

Total assets under management in Grayscale Investments’ cryptocurrency funds reached $50.6 billion.

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04/14/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.

Total AUM: $50.6 billion$BTC $BCH $ETH $ETC $ZEN $LTC $XLM $ZEC $BAT $LINK $MANA $FIL $LPT pic.twitter.com/J87GOBPCBg

— Grayscale (@Grayscale) April 14, 2021

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Of the total, $41.4 billion is attributed to the Bitcoin Trust. The Ethereum-based fund is worth $7.4 billion.

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Overall, the company manages 14 trusts, five of which launched in March. The new products provided the opportunity to invest in Basic Attention Token, Chainlink, Decentraland, Filecoin and Livepeer.

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Earlier this year the firm liquidated a XRP-based trust. The decision was influenced by an investigation by the U.S. Securities and Exchange Commission (SEC) into Ripple.

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Grayscale intends to convert the Bitcoin Trust into an exchange-traded fund (ETF).

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In March the company opened nine vacancies mentioning ETF.

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