World’s largest crypto investment manager tops $10 bn in assets
The world’s largest digital currency asset manager Grayscale said on Wednesday its assets under management reached a record $10.4 million, with the additional rise in investment increase as well as an increase in the bitcoin price. Bitcoin accounts for almost 80% of Grayscale’s assets, with the cryptocurrency value jumping to $18,843 as of Wednesday, the highest since 2017. Grayscale MD Michael Sonnenshein said Bitcoin’s ability to overcome challenges and staying power lures investors. Grayscale also said that Bitcoin called dead so many times.
About The Author
