Digital asset manager Grayscale Investments reached $16.4 billion in assets under management (AUM), up from the $13 billion the firm announced last week.

  • Data tweeted by the firm showed its largest holdings remain in bitcoin, with the Grayscale Bitcoin Trust having $14.1 billion in the top crypto asset. The firm's Ethereum Trust now has $1.81 billion in ether AUM.
  • Grayscale also has trusts for litecoin ($125.0 million), bitcoin cash ($70.7 million), ethereum classic ($67.7 million) and others with less significant holdings including XRP, XLM and zcash.
  • New York-based Grayscale is owned by Digital Currency Group, the parent company of CoinDesk.
Grayscale's assets under management, Dec. 23, 2020
Source: Grayscale Investments

Read also: SkyBridge’s Scaramucci Sees Bitcoin Rally in ‘First Inning’

Read more about...

FundsGrayscaleGrayscale Bitcoin TrustGrayscale Ethereum Trust
Disclosure
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.