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Grayscale's assets under management surpass $10 billion

Grayscale’s assets under management surpass $10 billion

The total value of crypto assets under Grayscale Investments’ management has for the first time surpassed $10 billion.

MILESTONE: Grayscale just surpassed $10 billion total AUM. It’s yet another reason to #GoGrayscale. pic.twitter.com/j5mWQbIzGm

— Grayscale (@Grayscale) November 17, 2020

As of Tuesday evening, November 17, the figure stood at $10.4 billion.

11/17/20 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.

Total AUM: $10.4 billion$BTC $BCH $ETH $ETC $ZEN $LTC $XLM $XRP $ZEC pic.twitter.com/MHo8k3MuZd

— Grayscale (@Grayscale) November 17, 2020

The company’s most in-demand product remains the Bitcoin Trust GBTC. It accounts for $8.85 billion, or more than 80% of the total assets.

Earlier, on Grayscale Investments’ wallets were held 481,711 BTC, or about 2.3% of all issued bitcoins.

As of publication, these figures, according to Bitcoin Treasuries, had risen to 509,581 BTC and 2.4%, respectively.

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