Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the hreflang-tags-pro domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/wp-includes/functions.php on line 6121
[www-stage.newsbtc.com/news/company/top-crypto-asset-manager-grayscale-surpasses-10-billion-aum/]
[wp-includes/functions.php:6121 trigger_error(), wp-includes/functions.php:6061 wp_trigger_error(), wp-includes/l10n.php:1371 _doing_it_wrong(), wp-includes/l10n.php:1409 _load_textdomain_just_in_time(), wp-includes/l10n.php:195 get_translations_for_domain(), wp-includes/l10n.php:307 translate(), wp-content/plugins/hreflang-tags-for-wordpress/includes/variables.php:24 __(), wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro-main.php:45 include_once('wp-content/plugins/hreflang-tags-for-wordpress/includes/variables.php'), wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro.php:40 require_once('wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro-main.php'), wp-settings.php:545 include_once('wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro.php'), wp-config.php:53 require_once('wp-settings.php'), wp-load.php:50 require_once('wp-config.php'), wp-blog-header.php:13 require_once('wp-load.php'), index.php:17 require('wp-blog-header.php')]

Top Crypto Asset Manager Grayscale Surpasses $10 Billion AUM
NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Top Crypto Asset Manager Grayscale Surpasses $10 Billion AUM

Nick Chong
Nick Chong
4 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Leading crypto-asset fund manager Grayscale just recorded a massive milestone to its Twitter. This comes as the leading cryptocurrency Bitcoin, along with Ethereum and smaller altcoins, have erupted higher in the past 24 hours. Bitcoin traded as high as $17,850 on Tuesday, nearing its all-time high price closer to $20,000.

Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom

Crypto Asset Manager Grayscale Hits $10b Milestone 

Today, the U.S.-based digital asset fund manager Grayscale hit a $10 billion milestone.

MILESTONE: Grayscale just surpassed $10 billion total AUM. It’s yet another reason to #GoGrayscale.

This was driven by two trends: a rapid uptick in the price of Bitcoin, which is now up by approximately 60% in the past month and is up 5% in the past day alone, and a strong amount of inflows into the Grayscale products.

Grayscale has seen a strong uptick in institutional money entering its funds due to the increasing interest in the cryptocurrency as a hedge against other markets and an arbitrage opportunity, where crypto institutional players can sell their shares in the funds on secondary markets for a premium.

Related Reading: Tyler Winklevoss: A “Tsunami” of Capital Is Coming For Bitcoin

Institutional Money Is Entering the Space

There is a vast amount of institutional money entering the space, validating the ongoing rally that Bitcoin is seeing at the moment.

Stanley Druckenmiller, a Wall Street billionaire, last week revealed that he has a position in Bitcoin. He said the cryptocurrency may be a better investment that gold, especially in the inflationary times that we see today.

Paul Tudor Jones is another cryptocurrency bull that recently has begun to enter the space. He wrote in a May research note:

“I am not an advocate of Bitcoin ownership in isolation, but do recognize its potential in a period when we have the most unorthodox economic policies in modern history. So, we need to adapt our investment strategy. We have updated the Tudor BVI offering memoranda to disclose that we may trade Bitcoin futures for Tudor BVI. We have set the initial maximum exposure guideline for purchasing Bitcoin futures to a low single digit exposure percentage of Tudor BVI’s net assets, which seems prudent. We will review this exposure guideline regularly.”

It’s worth noting that there is also retail money entering the crypto space. For one, Square reported $1.6 billion in Bitcoin sales over Q3 of 2020.

Related Reading: 3 Bitcoin On-Chain Trends Show a Macro Bull Market Is Brewing
Featured Image from Shutterstock
Price tags: xbtusd, btcusd, btcusdt
Charts from TradingView.com
Top Crypto Asset Manager Grayscale Surpasses $10 Billion AUM
Tweet123Share196ShareSend
Nick Chong
Nick Chong

Nick Chong

I am a writer who has been following Bitcoin for years now. My insights and interviews have been featured in leading publications in the industry such as LongHash and Decrypt. I own a small amount of Bitcoin.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Why More Miners and Traders Are Moving to EMCD’s Unified Crypto Toolset

From mining and wallets to daily yield and seamless swaps — a look at EMCD’s integrated infrastructure powering over 400...

News BTC 2 weeks ago
Bitcoin

On-Chain Analyst Warns: Bitcoin Peak Expected, Altcoins Facing -95% Plunge

As Bitcoin (BTC) and the broader cryptocurrency market show tentative signs of recovery following the most recent correction, a crypto...

Ronaldo Marquez 2 weeks ago
Crypto Funds Hit With Record Outflows, But Altcoin Buyers Smell Opportunity

Crypto Funds Hit With Record Outflows, But Altcoin Buyers Smell Opportunity

Crypto asset investment products experienced another challenging week as capital outflows continued for a second consecutive period. According to the...

Samuel Edyme 2 weeks ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Holds Below $110K as IBCI Suggests Market in Transition Phase

Bitcoin Holds Below $110K as IBCI Suggests Market in Transition Phase

Samuel Edyme 16 hours ago
Trump

Trump Media Makes Moves On Bitcoin And Smartphone – What’s Next?

Christian Encila 10 hours ago
XRP

Wild XRP Prediction: Crypto Founder Sees $10K Price Tag—Here’s When

Christian Encila 2 weeks ago

Premium Sponsors

Top Brands

Press Releases

  • The US cryptocurrency stock market plummeted? Smart people...

    3 weeks ago
  • LandDAO to Bring Land NFTs Backed by Real-World Assets...

    3 weeks ago
  • 仮想通貨プレセール終了|SOLXの今後と初期投資家に訪れるチャンスとは?

    ...

    3 weeks ago
  • 仮想通貨おすすめ|初期段階で注目される次世代プロジェクト3選

    ...

    3 weeks ago
  • Nový DeFi coin posílil o 76.6 %, zatímco Solana a Tron trpí kvůli tržní volatilitě

    Nový DeFi coin posílil o 76.6 %, zatímco Solana a Tron...

    3 weeks ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.