Grayscale Added Nearly $1B in Crypto in 24 Hours

The digital asset manager added large numbers of altcoins to its holdings including horizen and livepeer.

AccessTimeIconApr 22, 2021 at 10:22 a.m. UTC
Updated Sep 14, 2021 at 12:45 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

Grayscale Investments, the world’s largest digital asset manager, acquired nearly $1 billion in crypto in a 24-hour period.

  • The company tweeted Wednesday that its total assets under management totalled $45.8 billion compared to $44.9 billion the day before.
  • This included increases to its Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE) of $283.3 million and $586.5 million respectively.
  • GBTC is currently trading at a 13.88% discount to the price of the bitcoin held within, according to Grayscale’s data.
  • Grayscale also added large numbers of altcoins, including a 16.89% increase in horizen (ZEN) and 13.25% in livepeer (LPT) .
  • Grayscale is owned by Digital Currency Group, the parent of CoinDesk.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.