The total volume of assets in cryptocurrency funds of Grayscale Investments has reached $ 50.6 billion.
04/14/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.
Total AUM: $50.6 billion$ BTC $BCH $ ETH $ETC $ZEN $LTC $ XLM $ZEC $BAT $LINK $ MANA $ FIL $LPT pic.twitter.com/J87GOBPCBg
— Grayscale (@Grayscale) April 14, 2021
$ 41.4 billion of the total goes to the bitcoin trust. The Ethereum-based fund is worth $ 7.4 billion.
In total, the company manages 14 trusts, five of which Grayscale launched in March. The new products provided an opportunity to invest in Basic Attention Token, Chainlink, Decentraland, Filecoin and Livepeer.
At the beginning of the year, the firm liquidated the XRP-based trust. The decision was influenced by the claim of the US Securities and Exchange Commission (SEC) against Ripple.
Recall that Grayscale intends to convert a Bitcoin trust into an exchange-traded fund (ETF).
In March, the company opened nine ETF jobs.
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