Digital asset management firm Grayscale Investments added $7 billion to its asset holdings in the last 7 days, the firm announced via Twitter on Jan. 7.

• The firm added $7 billion in the last 7 days, spurred by Bitcoin’s rally to an all-time high of over $40,000
• Grayscale started the year with $20.4 billion of assets under management, largely composed of Bitcoin (BTC) and Ethereum (ETH)
• Grayscale has consistently added BTC and ETH to its holdings since the start of 2020, a move that has paid off handsomely; the firm now holds approximately 546,000 BTC 
• It also announced earlier this week that it would be suspending XRP from its offerings in the wake of the SEC filing a lawsuit against Ripple
• The firm has been keen on being regulation compliant, turning its ETH trust into an SEC reporting company