Grayscale Reopens Crypto Products as AUM crosses $25B

Grayscale Reopens Crypto Products as AUM crosses $25B

By Abhimanyu Krishnan | News | 13 Jan 2021


Digital asset management firm Grayscale Investments has hit the milestone of $25 billion in assets under management (AUM), according to a tweet posted on Jan. 12. 

  • The milestone is a remarkable one for Grayscale, given that it has grown from $2 billion to $25 billion in less than a year
  • The majority of Grayscale’s holdings is Bitcoin (BTC) and Ethereum (ETH), at $33 billion and $3.1 billion respectively
  • The company also announced earlier this week that it would reopen its products to new clients, after it had been paused last month
  • Grayscale has been buying large amounts of BTC since the start of 2020, and that has paid off in the recent bull run; it has well over 500,000 in BTC
  • Just this month, Grayscale’s AUM grew by $7 billion in one week

Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


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