Grayscale assets under management surpass $40 billion

Grayscale Investments’ fund assets in Bitcoin, Ethereum and other cryptocurrencies reached $40.9 billion.

02/17/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.

Total AUM: $40.0 billion$BTC $BCH $ETH $ETC $ZEN $LTC $XLM $ZEC pic.twitter.com/YgItGWLZVK

— Grayscale (@Grayscale) February 17, 2021

According to Bitcoin Treasuries, GBTC accounts for just over 3% of Bitcoin’s maximum supply (21 million BTC).

Earlier, the company filed applications to register trusts based on Aave, Polkadot, Cosmos, Monero, EOS and Cardano.

Earlier in February, a Grayscale representative registered a fund based on the DeFi project yEarn.Finance.

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