Considering that Grayscale world’s largest digital asset manager is looking for a potential investment program to be offered to the public. This gigantic company plans to add Chainlink, Basic Attention Token, Decentraland, Livepeer, and Tezos as part of their crypto trust investments. These assets were successfully registered in Delaware's corporations' registry last Dec. 18, 2020. 

GRAYSCALE NOW ACCEPTING NEW CLIENTS 

Since they hold the most number of Bitcoin in the entire world, this massive digital asset manager is now accepting a new client. Leveraging to these products trusts for bitcoin (BTC, +1.13%), bitcoin cash (BCH, -0.68%), ethereum classic (ETC, +3.24%), litecoin (LTC, +2.52%), how Ethereum Trust is not yet available. 

With no further explanation being given to its investors the large-cap decide not to push thru with the asset and as well as XRP (+1.91%) is close. In addition to XRP's closure, the digital asset manager also removes this in their investment offering due to the alleged unregistered sale of securities with the XRP token.

Grayscale sees a 900% jump in assets to $20 billion

Amid Bitcoin going frenzy hitting its all-time high at $41K, Grayscale started last year with $2 billion in assets under management and bolstered with more than $20.2 billion at the end of 2020. This is a 900% increase to their portfolio that comes from institutional investors such as hedge funds, and demands from pension funds, according to their quarterly report. 

Grayscale Bitcoin Trust ballooned and garnered popularity in the investment world a way for investors to get exposure to cryptocurrency without owning the coins themselves.

Bitcoin as Digital Gold

By innovating Bitcoin Trust this cryptocurrency is now being foreseen as the future digital gold. This becomes the safe haven for large investors as they skip the traditional money printing that causes inflation and economic shock to most countries. Bitcoin's price is relatively volatile as it peaked at around $41,000 playing at the moment around $31,000. However, there has been no panic detected in the market as dips were being bought by large-cap companies and private individual investors known as large sharks in the crypto jargon.

Professional investors see this as an opportunity to double their portfolio. Institutional demands have been seen as a key reason for bitcoin hitting its all highs $41,000. It is forecasted to end the year with bitcoin's price of around $100,000.