Grayscale Tops Up Ethereum Investment To $10 Billion
Ethereum makes up a large part of crypto-asset manager Grayscale’s portfolio. In a recent report, it shows that Grayscale now has over 3 million ETH in its asset under management (AUM), amounting to more than $10 billion. This makes the asset manager one of the largest holders of Ethereum in the space. Related Reading | Crypto Market Goes Into “Extreme Greed,” What This Means For Bitcoin The asset manager had gradually increased its ETH holdings over time, adding almost 20,000 ETH to its portfolio back in February. The recent filings show that the New York-based asset manager has....
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Crypto and digital asset manager firm Grayscale launched its first Exchange Traded Fund (ETF) in collaboration with Bloomberg. Per a press release, the investment product will trade under the ticker GFOF and will track the Bloomberg Grayscale Future of Finance Index. Related Reading | Grayscale’s Total Crypto Assets Under Management Tops $60 Billion Grayscale created […]
Grayscale continues to grow, passing $50 billion. That's equivalent to the world’s second-largest commodity ETF. Major U.S. asset manager Grayscale has just surpassed $50 billion in cryptocurrency assets under management for the first time. Grayscale's AUM is creeping ever closer to the $57 billion holdings of the largest commodity ETF. MILESTONE: We just reached $50 billion AUM. Yet another reason to #GoGrayscale. pic.twitter.com/Jrk7n6TAOI— Grayscale (@Grayscale) April 14, 2021 The company has plans to convert into an ETF when regulations allow. If the ETF had been approved....
Grayscale Investments has launched a solana trust. The company now has nearly $54 billion in total assets under management. The new trust, which is the company’s 16th crypto investment product, will solely invest in solana (SOL). The CEO of Grayscale said that investors are increasingly “diversifying their exposure beyond digital assets like bitcoin and ethereum.”
Grayscale Adds Solana to Its List of Investment Products
Grayscale Investments, the world’s largest digital currency asset manager, announced Tuesday the launch of Grayscale Solana Trust.....
Grayscale Investments is gearing up to launch a new investment product for Ethereum Classic (ETC) in the first quarter of this year. This will be the second investment product for the company; the first was the Bitcoin Investment Trust (BIT). Bitcoin.com caught up with Grayscale CEO and founder, Barry Silbert, to find out more about this new product.....
Grayscale has continued to make strides in its crypto investments. The asset manager had first made waves in the market when it had launched its bitcoin fund. Since then, it had added altcoins to various funds that it manages on behalf of its clients. With the bull rally continuing this year, Grayscale has made waves […]