{"id":28052,"date":"2020-09-02T13:15:02","date_gmt":"2020-09-02T10:15:02","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=28052"},"modified":"2025-08-27T09:23:14","modified_gmt":"2025-08-27T06:23:14","slug":"grayscale-crypto-funds-rise-by-500-million-in-a-week-reaching-6-3-billion","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/grayscale-crypto-funds-rise-by-500-million-in-a-week-reaching-6-3-billion\/","title":{"rendered":"Grayscale crypto funds rise by $500 million in a week, reaching $6.3 billion"},"content":{"rendered":"<p>Investment firm Grayscale Investments said that assets in its cryptocurrency funds under management (AUM) for the week rose by 8%, reaching $6.3 billion.<!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\"><p>\\n<\/p>\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">09\/01\/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: $6.3 billion<a href=\\\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$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\/NHR4z0KtQR\\\">pic.twitter.com\/NHR4z0KtQR<\/a><\/p>\n<p>\\n<\/p>\n<p>\u2014 Grayscale (@Grayscale) <a href=\\\"https:\/\/twitter.com\/Grayscale\/status\/1300894396238434311?ref_src=twsrc%5Etfw\\\">September 1, 2020<\/a><\/p>\n<p>\\n<\/p>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<\/blockquote>\n<p>\\n<\/p>\n<p>Compared with the previous week, AUM rose by $500 million.<\/p>\n<p>\\n<\/p>\n<p>Grayscale offers trust funds in Ethereum, Bitcoin Cash, XRP, Litecoin, Stellar Lumens, <span style=\\\"font-weight: 400;\\\">Horizen, <\/span>Ethereum Classic and Zcash.<\/p>\n<p>\\n<\/p>\n<p>Horizen \u2014 the only trust that declined slightly over the week from $3.8 million to $3.7 million. Bitcoin Trust accounts for the lion\u2019s share \u2014 more than 80% of the investments totaling $5.054 billion, in second place Ethereum Trust with $991.6 million. Capital inflows to the Bitcoin-based fund amounted to $247.1 million, to ETH-based fund $173.9 million, Litecoin $5.8 million.<\/p>\n<p>\\n<\/p>\n<p>Despite the <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-classic-hit-by-another-51-attack\">recent attack<\/a> on the Ethereum Classic network, the ETC trust rose by $3.3 million for the week to $81.9 million.<\/p>\n<p>\\n<\/p>\n<p>Earlier, advertising for Grayscale trusts <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-investments-launches-tv-advertising-for-crypto-trusts\">appeared<\/a> on American television, but the company <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-pulls-fox-news-ad-over-tucker-carlsons-remarks\">refused<\/a> to air the videos on Fox News due to the host&#8217;s controversial stance.<\/p>\n<p>\\n<\/p>\n<p>Subscribe to 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>Investment firm Grayscale Investments said that assets in its cryptocurrency funds under management (AUM) for the week rose by 8%, reaching $6.3 billion.<\/p>\n","protected":false},"author":1,"featured_media":28053,"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":[943,1156],"class_list":["post-28052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-grayscale-investments","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28052","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=28052"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28052\/revisions"}],"predecessor-version":[{"id":28054,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/28052\/revisions\/28054"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/28053"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=28052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=28052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=28052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}