12/29/20 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.
Total AUM: $18.8 billion$BTC $BCH $ETH $ETC $ZEN $LTC $XLM $XRP $ZEC pic.twitter.com/uW0Fac38g3
— Grayscale (@Grayscale) December 29, 2020
On the 29th, Grayscale Investment, a digital asset management company in the United States, announced on Twitter that its total assets under management (AUM) reached 18.8 billion dollars (about 208 trillion won).
Earlier, Grayscale announced $16.3 billion in total managed assets as of the 24th. The total amount of assets under management increased by 15.3% between the 4th. The company is recently being used as an investment channel for institutional investors who want to invest in cryptocurrency indirectly.
Grayscale currently operates a total of 10 products. Of these, the Bitcoin Investment Trust (GBTC) has the largest share of investment. 85.9% of the total operating amount, or $16.61 billion, is tied to GBTC.
The share of Ethereum Investment Trust (ETHE) is about 11.2% ($2.1 billion). The rest is distributed among other cryptocurrency investment trusts such as Litecoin, Ethereum Classic, Bitcoin Cash, and Jet Cash.
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