Grayscale's ether and XRP trusts are still closed to new investors.
The digital asset manager held $19 billion in assets under management as of Monday, up from last week's $16.4 billion.
Without new capital inflows, Grayscale will not be able to buy more bitcoin or ethereum.
Quick take: Grayscale has added to its bags Bitcoin worth $270 Million in the last 7 days Grayscale's total assets under management have hit a total of $13 Billion Grayscale's assets under management have increased by 465% since January 2020 The share value of Grayscale's Bitcoin Trust has exceeded $20 and will continue to increase in value The popular Wall Street company of...
In summary: Grayscale Investments has accumulated 388,714 ETH in 30 days This is the equivalent of $215.7 Million using an Ethereum value of $555 Grayscale's Ethereum trust now has $1.61 Billion in Ethereum holdings ETH2.0 staking might be one reason for the accumulation Staking might be a good way to utilize all that Ethereum held by Grayscale Bitcoin is not the only digital...
Bitcoin funds continue to add more Bitcoins in huge numbers as the BTC price approaches $19,000 on Friday, November 20. Over the last week, three of the top four Bitcoin funds have accumulated nearly...
While the crypto community is watching every Bitcoin (BTC) move with a hawks- eye, Litecoin (LTC) - the world's seventh-largest cryptocurrency makes a smart move. At press time, Litecoin (LTC) is 7.77% up...
Quick take: The share price of Grayscale Bitcoin Trust (GBTC) has increased by 63% since October 1st Grayscale continues to accumulate Bitcoin (BTC) owning approximately 2.7% of the total supply Investors who believe Bitcoin is overpriced could be buying GBTC as a long term hold The share price of the Grayscale Bitcoin Trust (GBTC) has increased by 63% in the fourth quarter of...
Quick take: The amount of Bitcoin available for traders has dropped down to 2017 levels Most of the Bitcoin is now held by investors aka hodlers Such investors include Grayscale that has added 40k Bitcoin to its holdings in the last 30 days $15k might be the tip of the iceberg as Bitcoin could soar further in 2021 The amount of Bitcoin available...
Quick take: Grayscale currently manages a total of $6.3 Billion in digital assets Its Ethereum trust is worth $869.7 Million This figure is approximately 2% of Ethereum's market cap indicating Grayscale holds a similar percentage of ETH's circulating supply The team at Weiss Ratings predicts an 18% spike in Ethereum's value once ETH2.0 is released A few hours ago, the team at Grayscale...
Quick take: In the last week, Grayscale Investments has accumulated an additional 17,100 BTC This adds to its already impressive Bitcoin holdings that are currently valued at approximately $4.8 Billion Such a large accumulation can only mean that Bitcoin's long term trajectory is up According to the team at Bybt.com, Grayscale investment has bought an additional 17,100 BTC in the last 7 days....
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