Grayscale-managed crypto assets rise 430% in 11 months
Arcane Research analyst Vetle Lunde estimated a 430% rise in assets under management at Grayscale Investments from January 13 to December 12, from $2.3 billion to $12.1 billion.Grayscale Bitcoin Trust (GBTC) is a digital currency investment product that individual investors can buy and sell in their own brokerage accounts.
Grayscale-managed crypto assets rise 430% in 11 months
Arcane Research analyst Vetle Lunde estimated a 430% rise in assets under management at Grayscale Investments from January 13 to December 12, from $2.3 billion to $12.1 billion.
Wall Street giant bets $500m on Grayscale Bitcoin Trust
Guggenheim Partners, the investment firm managing more than $200 billion in assets, said it intends to allocate part of its portfolio to the Grayscale Bitcoin Trust.
Grayscale crypto funds rise by $300m in a single day
Barry Silbert, head of Grayscale Investments, said the company’s crypto funds rose by $300 million in a single day.
Grayscale Bitcoin Trust clients earned less than BTC holders in October
The value of Grayscale Investments' Bitcoin Trust rose by 3% in the period from September 20 to October 20. In the same period, the spot price of Bitcoin rose 6.6%, according to a new CryptoCompare report.
SEC Identifies Institutional Investors in Grayscale Investments’ Bitcoin Trust
Twenty-seven institutional investors acquired stakes in Grayscale Investments' Bitcoin Trust (GBTC). Details are contained in reports filed with the U.S. Securities and Exchange Commission (SEC), Forbes reports.We use cookies to improve the quality of our service.
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