
Grayscale Investments wallets hold 2.3% of all Bitcoin mined
The total assets under management at Grayscale Investments neared $10 billion, and its wallets held 481,711 BTC, representing about 2.3% of all Bitcoin mined.
According to the company’s latest data, assets under management total $9.8 billion.
11/13/20 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.
Total AUM: $9.8 billion$BTC $BCH $ETH $ETC $ZEN $LTC $XLM $XRP $ZEC pic.twitter.com/yiS4Nmv105
— Grayscale (@Grayscale) November 13, 2020
Grayscale Investments’ chief executive Michael Sonnenshein also noted that this week marked the largest by inflows into the company’s cryptocurrency funds in its history.
On Thursday, November 12 alone, clients invested more than $115 million in Grayscale’s Bitcoin Trust.
the @Grayscale team raked in over $115 million in #bitcoin alone *yesterday* — ready to get involved? 👇https://t.co/YfK2YUKgCj
— Michael Sonnenshein (@Sonnenshein) November 13, 2020
According to Bitcoin Treasuries, the company’s wallets hold 481,711 BTC. To date, 18.538 million BTC have been mined from a total supply of 21 million coins.
Last week, the value of Grayscale Investments’ Ethereum Trust assets under management surpassed $1 billion. As of publication, this metric had risen to $1.2 billion.
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