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Grayscale Has $19B in Crypto Assets Under Management, Up From $16.4B Last Week

The latest data showed the firm's largest holdings by far are in bitcoin, with the Grayscale Bitcoin Trust having $16.3 billion under management.

Grayscale CEO Michael Sonnenshein
Grayscale CEO Michael Sonnenshein

Digital asset manager Grayscale Investments has passed another milestone, reaching $19 billion in assets under management (AUM) on Dec. 28, up from the $16.4 billion announced last week.

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  • The latest data tweeted by Grayscale Investments showed its largest holdings by far are in bitcoin, with the Grayscale Bitcoin Trust having $16.3 billion in the top crypto asset. The firm's Ethereum Trust now has $2.1 billion in ether AUM.
  • Grayscale also has trusts for litecoin ($151.3 million), bitcoin cash ($85.5 million), ethereum classic ($72.9 million), and others with less significant holdings including XRP, XLM and zcash.
  • New York-based Grayscale is owned by Digital Currency Group, the parent company of CoinDesk.

Read more: Grayscale Sees a New Group of Ethereum-First Investors

Tanzeel Akhtar

Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.

Tanzeel Akhtar