Advertisement
UK Markets close in 6 hrs 58 mins
  • FTSE 100

    8,387.46
    -36.74 (-0.44%)
     
  • FTSE 250

    20,782.91
    -90.42 (-0.43%)
     
  • AIM

    806.40
    -3.54 (-0.44%)
     
  • GBP/EUR

    1.1700
    +0.0002 (+0.02%)
     
  • GBP/USD

    1.2711
    +0.0005 (+0.0356%)
     
  • BTC-GBP

    55,827.54
    +3,178.16 (+6.04%)
     
  • CMC Crypto 200

    1,526.08
    +37.54 (+2.52%)
     
  • S&P 500

    5,308.13
    +4.86 (+0.09%)
     
  • DOW

    39,806.77
    -196.82 (-0.49%)
     
  • CRUDE OIL

    79.16
    -0.64 (-0.80%)
     
  • GOLD FUTURES

    2,419.70
    -18.80 (-0.77%)
     
  • NIKKEI 225

    38,946.93
    -122.75 (-0.31%)
     
  • HANG SENG

    19,220.62
    -415.60 (-2.12%)
     
  • DAX

    18,704.05
    -64.91 (-0.35%)
     
  • CAC 40

    8,138.43
    -57.53 (-0.70%)
     

Grayscale Holds $43B in Crypto Assets Under Management, Down From $61B in Early November

Grayscale Investments has $43.6 billion in crypto assets under management (AUM), the digital asset manager tweeted on Friday – a more than 28% decline from the $61 billion the digital asset manager held in early November.

  • AUM in the Grayscale Bitcoin Trust, the firm’s largest holding, has decreased from $43.5 billion to $30.4 billion, a 30% decline during this time. The AUM of its second-biggest holding, the Grayscale Ethereum Trust, declined from almost $15 billion to $11.6 billion, a 22% drop.

  • These decreases come as bitcoin and other crypto prices have fallen in recent weeks. But the total AUM also represents a roughly 170% increase over its $16.4 billion in holdings a year ago, reflecting a growing interest in cryptocurrency.

  • Grayscale’s portfolio compared to a year ago is wider-ranging with the addition of multiple trust offerings earlier this year, including Chainlink’s LINK token, Brave’s BAT and MANA, the money for virtual world Decentraland.

  • New York-based Grayscale is owned by Digital Currency Group, the parent company of CoinDesk.