Grayscale Holds $43B in Crypto Assets Under Management, Down From $60.9B in Early November

AUM in the Grayscale Bitcoin Trust, the firm’s largest holding, has decreased from $43.5 billion to $30.4 billion, a 30% decline during this time. JPRubin23 reports

Grayscale Investments has $43.6 billion in crypto assets under management , the digital asset manager tweeted on Friday – a more than 28% decline from theAUM in the Grayscale Bitcoin Trust, the firm’s largest holding, has decreased from $43.5 billion to $30.4 billion, a 30% decline during this time. The AUM of its second biggest holding, the Grayscale Ethereum Trust declined from almost $15 billion to $11.6 billion, a 22% drop.

These decreases come as bitcoin and other crypto prices have fallen in recent weeks. But the total AUM also represents a roughly 170% increase over itsGrayscale’s portfolio compared to a year ago is wider-ranging with of multiple trust offerings earlier this year, including Chainlink’s link token, Brave Browser’s brave token and MANA, the money for virtual world Decentraland.DISCLOSURE

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