{"id":33411,"date":"2020-12-15T14:41:45","date_gmt":"2020-12-15T12:41:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=33411"},"modified":"2025-08-28T13:42:48","modified_gmt":"2025-08-28T10:42:48","slug":"grayscale-managed-crypto-assets-rise-430-in-11-months","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/grayscale-managed-crypto-assets-rise-430-in-11-months\/","title":{"rendered":"Grayscale-managed crypto assets rise 430% in 11 months"},"content":{"rendered":"<p>Arcane Research analyst Vetle Lunde assessed a 430% rise in assets under management at Grayscale Investments from January 13 to December 12 (from $2.3 billion to $12.1 billion).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">What a year 2020 has been for <a href=\"https:\/\/twitter.com\/Grayscale?ref_src=twsrc%5Etfw\">@Grayscale<\/a>.<\/p>\n<p>Grayscale\u2019s AuM has increased from $2.3 billion (Jan 13th) to $12.1 billion (Dec 12th). That\u2019s a growth in AuM of 430% in 11 months.<\/p>\n<p>Chapeau <a href=\"https:\/\/twitter.com\/BarrySilbert?ref_src=twsrc%5Etfw\">@BarrySilbert<\/a>! <a href=\"https:\/\/t.co\/3s9Cu94jg1\">pic.twitter.com\/3s9Cu94jg1<\/a><\/p>\n<p>\u2014 Vetle Lunde (@VetleLunde) <a href=\"https:\/\/twitter.com\/VetleLunde\/status\/1338467864710418436?ref_src=twsrc%5Etfw\">December 14, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Under the Grayscale Bitcoin Trust (GBTC) sits 544,000 BTC \u2014 almost 3% of Bitcoin&#8217;s circulating supply. In mid\u2011January the figure stood at 261,000 BTC.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\">The <a href=\"https:\/\/twitter.com\/Grayscale?ref_src=twsrc%5Etfw\">@Grayscale<\/a> Bitcoin Trust has attracted new investors throughout the year, leading to a doubling of Grayscale\u2019s BTC holdings from approx. 261k BTC in January to 544k BTC by Dec 12th.<\/p>\n<p>The holdings of GBTC is just below 3% of the total circulating BTC supply. <a href=\"https:\/\/t.co\/3y00yMYzEk\">pic.twitter.com\/3y00yMYzEk<\/a><\/p>\n<p>\u2014 Vetle Lunde (@VetleLunde) <a href=\"https:\/\/twitter.com\/VetleLunde\/status\/1338467868963459072?ref_src=twsrc%5Etfw\">December 14, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Ethereum Trust&#8217;s share of the supply of the second-largest cryptocurrency by market capitalisation reached 2.5%. According to Lunde, the growth of this instrument is even more impressive \u2014 during the period ETH held by the company rose from 497,000 to 2.875 million.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\">The growth of the <a href=\"https:\/\/twitter.com\/Grayscale?ref_src=twsrc%5Etfw\">@Grayscale<\/a> Ethereum Trust has been even more impressive.<\/p>\n<p>In January, the ether holdings of the trust sat below 0.5m ETH. Now the holdings of the trust are approaching 3m ETH.<\/p>\n<p>The holdings of ETHE sits at 2.5% of the total circulating ETH supply. <a href=\"https:\/\/t.co\/wUrXVvjOx9\">pic.twitter.com\/wUrXVvjOx9<\/a><\/p>\n<p>\u2014 Vetle Lunde (@VetleLunde) <a href=\"https:\/\/twitter.com\/VetleLunde\/status\/1338467874952933377?ref_src=twsrc%5Etfw\">December 14, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As of December 14, Grayscale&#8217;s assets under management stood at $13 billion. GBTC accounts for $10.8 billion, about 83% of the total, with ETHE at $1.72 billion (13.6%).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">12\/14\/20 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.<\/p>\n<p>Total AUM: $13.0 billion<a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$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\/3KCMu0z8Dy\">pic.twitter.com\/3KCMu0z8Dy<\/a><\/p>\n<p>\u2014 Grayscale (@Grayscale) <a href=\"https:\/\/twitter.com\/Grayscale\/status\/1338607001723670529?ref_src=twsrc%5Etfw\">December 14, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The company continues to use the slogan #DropGold, urging investors to abandon gold as a store of value in favour of Bitcoin.<\/p>\n<p>As reported earlier, the August-launched advertising campaign <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-investments-launches-tv-advertising-for-crypto-trusts\">exploits<\/a> the &#8216;Money printer go BRRR&#8217; meme, hinting at the Fed&#8217;s printing presses amid the COVID-19 crisis.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Arcane Research analyst Vetle Lunde estimated a 430% rise in assets under management at Grayscale Investments from January 13 to December 12, from $2.3 billion to $12.1 billion.<\/p>\n","protected":false},"author":1,"featured_media":33412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,1214,943],"class_list":["post-33411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-grayscale-bitcoin-trust","tag-grayscale-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33411","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=33411"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33411\/revisions"}],"predecessor-version":[{"id":33413,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/33411\/revisions\/33413"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/33412"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=33411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=33411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=33411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}