{"id":26581,"date":"2020-07-29T10:53:42","date_gmt":"2020-07-29T07:53:42","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=26581"},"modified":"2025-08-26T15:13:20","modified_gmt":"2025-08-26T12:13:20","slug":"grayscale-crypto-funds-attract-1-billion-in-just-11-days","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/grayscale-crypto-funds-attract-1-billion-in-just-11-days\/","title":{"rendered":"Grayscale crypto funds attract $1 billion in just 11 days"},"content":{"rendered":"<p>Assets under management in Grayscale Investments&#8217; cryptocurrency funds reached $5.1 billion. In the last 11 days, inflows totaled $1 billion.<!--more--><\/p>\n<p>\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\"><p>\\n<\/p>\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">07\/28\/20 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.<\/p>\n<p>\\n<\/p>\n<p>Total AUM: $5.1 billion<a href=\\\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$BTC<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24BCH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$BCH<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ETH<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24ETC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ETC<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24ZEN&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ZEN<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24LTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$LTC<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24XLM&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$XLM<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24XRP&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$XRP<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24ZEC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ZEC<\/a> <a href=\\\"https:\/\/t.co\/x1gkDYuUZ3\\\">pic.twitter.com\/x1gkDYuUZ3<\/a><\/p>\n<p>\\n<\/p>\n<p>\u2014 Grayscale (@GrayscaleInvest) <a href=\\\"https:\/\/twitter.com\/GrayscaleInvest\/status\/1288220530382954496?ref_src=twsrc%5Etfw\\\">July 28, 2020<\/a><\/p>\n<\/blockquote>\n<p>\\n<\/p>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>\\n<\/p>\n<p>Since the previous update 11 days ago, inflows into the Bitcoin Trust totaled $782 million, into the Ethereum Trust $174 million, and into ETC- and LTC-based trusts $12.7 million and $6.7 million respectively.<\/p>\n<p>\\n<\/p>\n<p>Of the total, $4.31 billion is attributable to GBTC, the company\u2019s flagship Bitcoin Trust. The rise is more likely explained by cryptocurrency being deposited in exchange for fund shares.<\/p>\n<p>\\n<\/p>\n<p>Earlier, Messari analyst Ryan Watkins concluded that Grayscale purchased only 31% of the bitcoins mined since the halving.<\/p>\n<p>\\n<\/p>\n<p>The assets in the Grayscale Ethereum Trust total $581.7 million, or 11% of the total. $80.4 million are held in the Grayscale Ethereum Classic Trust.<\/p>\n<p>\\n<\/p>\n<p>Small sums of the company&#8217;s clients are invested in Horizen (ZEN)-based trusts, XRP, ZCash (ZEC), Stellar Lumens (XLM), and in the recently added Bitcoin Cash (BCH) and Litecoin (LTC) funds.<\/p>\n<p>\\n<\/p>\n<p>As noted, the $1.1 billion rise at Grayscale Investments surpassed the quarterly record inflow of $905.8 million in Q2.<\/p>\n<p>\\n<\/p>\n<p>Follow ForkLog news on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Assets under management in Grayscale Investments&#8217; cryptocurrency funds reached $5.1 billion. In the last 11 days inflows totaled $1 billion.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[943,52],"class_list":["post-26581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-grayscale-investments","tag-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=26581"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26581\/revisions"}],"predecessor-version":[{"id":26582,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/26581\/revisions\/26582"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=26581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=26581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=26581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}