GRAYSCALE has a total AUM of $ 7.0 billion and provides an overview of cryptocurrencies which belong here

GRAYSCALE has a total AUM of $ 7.0 billion and provides an overview of cryptocurrencies which belong here

And Leader in Digital Currency Investing currently focuses on only a few cryptocurrencies, as confirmed by their latest update.


22 Oct 2020 , 12:01 @ Matey Salt

GRAYSCALE has a total AUM of $ 7.0 billion and provides an overview of cryptocurrencies which belong here

A Leader in Digital Currency Investing currently focuses on only a few cryptocurrencies, as confirmed by their latest update.

As you know, GRAYSCALE made the largest investment in Bitcoin so far, on October 9, at 449,596 BTC. However, this investment company is not only focused on Bitcoin but in general on all digital currencies, which are an attractive investment asset for them.

The company has recently published an UPDATE where we can see AUM, Holdings per Share, Day Change, OTC Symbol, Market Price per Share.

According to the table above, the clear favorite is Bitcoin with an AUM of $ 5,798.8M, the second place goes to Ethereum with an AUM of $ 897.5M, and the third place to Digital Large Cap Fund with $ 103.3M.

However, GRAYSCALE also has significant investments in altcoins such as Ethereum Classic ($ 67.6M), Bitcoin Cash ($ 45M), Litecoin ($ 31.9M), Zcash ($ 10.9M), XRP ($ 7.9M), Horizen ($ 2.5M) but also Stellar Lumens ($ 1.3M).

The founder of GRAYSCALE, Barry Silbert is convinced of the potential of Bitcoin and stated:

Bitcoin has the potential to radically transform our concepts of money, store of value, and the means by which assets are exchanged the world over.

But let us also recall other public investment companies that have recently invested large sums in Bitcoin. According to the statistics, which focus on how much of Bitcoins these companies hold, CoinShares ranks second with 69,730 BTC and MicroStrategy in third place with 38,250 BTC.

Read also: In 2020, Public companies purchased almost 600,000 BTC (+$ 6 billion)

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