Grayscale Investments resumes accepting deposits in cryptocurrency funds

Grayscale Investments has resumed accepting deposits into several cryptocurrency funds. This is indicated by information on the website.

At the end of 2020, the asset manager suspended investments in trusts based on Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin and the Digital Large Cap Fund.

As of writing, deposits are unavailable only for the Ethereum Trust. Also in early January 2021, Grayscale excluded the token XRP from the Digital Large Cap Fund after a lawsuit by the U.S. Securities and Exchange Commission against Ripple.

Data: Grayscale Investments.

By the end of 2020, the value of Grayscale Investments’ cryptocurrency fund assets reached $19 billion. As of January 11, 2021, assets under management were $24.5 billion.

01/11/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.

Total AUM: $24.5 billion$BTC $BCH $ETH $ETC $ZEN $LTC $XLM $XRP $ZEC pic.twitter.com/WgFd5UCENP

— Grayscale (@Grayscale) January 11, 2021

As reported, the Singapore-based Three Arrows Capital owns 6.1% of Grayscale Investments’ GBTC trust, equivalent to 36,969 BTC.

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