Grayscale Investments has reopened the acceptance of deposits in crypto funds


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Grayscale Investments has resumed accepting deposits in several cryptocurrency funds. This is evidenced by the information on the site.

At the end of 2020, the asset manager suspended investments in trusts based on Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, and the Digital Large Cap Fund.

At the time of writing, accepting deposits is not available only at Ethereum Trust. Also in early January 2021, Grayscale removed the XRP token from the Digital Large Cap Fund trust following a US Securities and Exchange Commission lawsuit against Ripple.

Data: Grayscale Investments.

At the end of 2020, the value of assets of cryptocurrency funds Grayscale Investments reached $ 19 billion.As of January 11, 2021, under the management of the company $ 24.5 billion.

01/11/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.

Total AUM: $24.5 billion$ BTC $BCH $ ETH $ETC $ZEN $LTC $ XLM $ XRP $ZEC

— Grayscale (@Grayscale) January 11, 2021

Recall that the Singapore-based Three Arrows Capital fund owns 6.1% of the GBTC trust from Grayscale Investments, which is equivalent to 36,969 BTC.

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