Grayscale Now Has $13B in Crypto Assets Under Management
Grayscale's bitcoin and ether trusts now make up almost the entire $13 billion in AUM value.
Bitcoin and ether continue to rise, but that could create problems for overheated derivatives markets.
Investor excitement ahead of the CME's planned ether futures contract is one reason for the price push.
GBTC’s premium flipped negative one day earlier.
The firm's bitcoin assets under management rose by more than $3 billion in a week.
Grayscale periodically closes off its crypto trusts to so-called "private placement" rounds.