Digital asset manager Grayscale Investments has re-opened a number of its cryptocurrency products to new investors after they were closed last month.
- On Dec. 21, the cryptocurrency asset manager's website said the six products were “unavailable" to new investors.
- While no explanation was given, the move was not unusual: Grayscale periodically closes off its crypto trusts to investors.
- At press time, the XRP Trust is also closed.
- Data tweeted by Grayscale on Monday showed assets under management were at $24.5 billion, with the Grayscale Bitcoin Trust making up the lion's share with $20.6 billion.
- New York-based Grayscale is owned by Digital Currency Group, the parent company of CoinDesk.
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