Investors invested over $ 115 million in the Grayscale bitcoin trust in one day The digital asset management company Grayscale Investments acquired 15,114 bitcoins for $ 241 million in the last week. At the same time, it has an estimated 481,711 BTC in its wallets, which is 2 , 29% of all issued cryptocurrency coins. The total amount of assets under the management of Grayscale came close to $ 10 billion.
Investors invested over $ 115 million in Grayscale bitcoin trust in one day
Management company digital assets Grayscale Investments during the last week acquired 15,114 bitcoins for $ 241 million. At the same time, it was estimated that there were 481,711 BTC in its wallets, which corresponds to 2.29% of all issued cryptocurrency coins. The total volume of assets under the management of Grayscale is close to $ 10 billion.Grayscale Managing Director Michael Sonnenschein noted that this week was the largest in terms of investment in funds of the company in its history. In one day on November 12, Grayscale clients invested over $ 115 million in a Bitcoin trust.
Grayscale operates several cryptocurrency-based trusts. Some of them, including Bitcoin and Ethereum trusts, are publicly traded on the OTC market and reflect the fluctuations in the respective cryptocurrencies. At the same time, the value of shares, as a rule, exceeds the price of the shares of the underlying assets, which is explained by the demand of investors who, for some reason, do not want or are unable to buy cryptocurrency directly.
On October 22, Grayscale founder Barry Silbert noted that the volume of assets under the management of the company exceeded $ 7 billion. In connection with the latest achievement, he writes: "There is $ 200 million left.".
According to Bitcoin Treasuries, k present moment public companies have focused on their wallets over 814,000 BTC, or about $ 13 billion.
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