The assets under management of the world’s largest cryptocurrency asset management company exceeded US $10 billion

source: financial sector website

Grayscale, the world’s largest cryptocurrency asset manager, announced on Wednesday that its assets under management had reached a record $10.4 billion as bitcoin prices soared and capital inflows continued to rise. A kind of

bitcoin broke through $18000 on Wednesday to $18483, a new high since December 2017. So far this year, it has risen by about 160%, rising by 17% in the past three days. It is now near the end of 2017 and the bubble peak is slightly below the historical peak of US $20 thousand. A kind of

grayscale’s assets under management increased 76% from $5.9 billion at the end of the third quarter. The assets of its bitcoin fund have grown 85% since the end of the third quarter to nearly $9 billion. A kind of

the company received more than $1 billion in capital inflows in the third quarter, the largest ever. In the first three quarters of this year, capital inflows amounted to $2.4 billion, twice the total in the previous seven years. Its bitcoin fund accounts for about 80% of its total assets under management. A kind of

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