
Grayscale’s crypto assets under management reach $6.5 billion
Grayscale Investments’ aggregate value of crypto assets under management has for the first time reached $6.5 billion.
10/19/20 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.
Total AUM: $6.5 billion$BTC $BCH $ETH $ETC $ZEN $LTC $XLM $XRP $ZEC pic.twitter.com/EFOFm2Bet2
— Grayscale (@Grayscale) October 19, 2020
The Bitcoin Trust accounts for 83% of AUM. The second-most-popular Ethereum Trust accounts for 13.5% of the portfolio’s total value. The combined share of the remaining funds is just 3.5%.
According to Bitcoin Treasuries, the value of public-company investments in the first cryptocurrency is approaching $9 billion. At the time of writing, the figure equates to 760,242 BTC.
Source: Bitcoin Treasuries.
In the third quarter inflows into Grayscale Investments-managed funds totaled $1.05 billion.
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