- Bitcoin held in Grayscale’s Bitcoin Trust (GBTC) has risen by over 125,000 Bitcoin in the first half of 2020.
- Grayscale’s total assets-under-management (AUM) have surged to $5.6 billion.
Bitcoin held in Grayscale’s Bitcoin Trust has risen by over 125,000 Bitcoin to over 386,000 Bitcoin in the first half of 2020, according to a quarterly filing.
The firm has previously noted that Q2 was its best quarter yet raising over $900 million. The Crypto Associate previously reported on Bitcoin itself posting a strong Q2 boasting over 40% in quarterly gains.
Grayscale’s total assets-under-management (AUM) has surged in recent weeks. According to a tweet by Grayscale, the net AUM currently stands at a staggering $5.6 billion, an increase of over $3 billion since February.
The Bitcoin Trust continues to dominate, accounting for over $4.6 billion of the AUM. At the time of press, Grayscale Bitcoin Trust (GBTC) is up over 4% trading at $13.11.
The Ethereum Trust accounts for over $700 million of the total AUM. At the time of press, Grayscale Ethereum Trust (ETHE) is down nearly 5% trading at just over $80.
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