Grayscale Investments Tops New All-Time High in Assets Under Management

Share Article
In Brief
  • Grayscale Investments announced a new all time high in assets under management.

  • The company specializes in digital currencies, with a heavy focus on Bitcoin.

  • Substantial gains in price since March declines have increased the total asset pool.

  • promo

    Free Cloud Mining Providers to Mine Bitcoin in 2021

The Trust Project is an international consortium of news organizations building standards of transparency.

Grayscale Investments announced Tuesday that the firm has reached a new all-time high (ATH) in assets under management.



Grayscale mostly specializes in digital currencies, including Bitcoin, Bitcoin Cash, Ethereum, and Ethereum Classic.

The milestone announcement came via the company’s Twitter account and confirmed by managing director Michael Sonnenshein.


Image courtesy of Grayscale Investments

The current report indicates that current assets under management total $3.8 billion. Of this total, over $3.3 billion is housed in the company’s flagship fund, the Bitcoin Trust.

Coming in second at $289 million is the Grayscale Ethereum Trust. These figures have been influenced by rising Bitcoin and Ethereum prices after the devastating March declines and completion of Bitcoin’s third halving a week ago.

As these funds grow, the firm continues to hold increasing large percentages of all existing Bitcoin. $3.3 billion in Bitcoin at the current price roughly puts the firm around 346,000 BTC — slightly less than 2% of all BTC in circulation.


All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
Share Article

With a background in science and writing, Jon's cryptophile days started in 2011 when he first heard about Bitcoin. Since then he's been learning, investing, and writing about cryptocurrencies and blockchain technology for some of the biggest publications and ICOs in the industry. After a brief stint in India, he and his family live in southern CA.

Follow Author

Crypto predictions with the Best Telegram Signal with +70% accuracy!

Join now

Free Cloud Mining Providers to Mine Bitcoin in 2021


How To Mine Cryptocurrency: Beginner’s Guide

Let's Go