Financе

Here’s How Much LTC, BCH and ETC Grayscale Added to Its AUM On March 3

Data provided by analytics service Bybt says that on March 3, Grayscale Investments added large amounts of LTC, BCH and ETH to its crypto portfolio.

The aggregate amount of digital assets managed by the company now has come to $40 billion.

Grayscale keeps stocking up on Litecoin

Data from Bybt has it that on March 3, Barry Silbert-affiliated company added 1,468 Litecoins to its portfolio – that’s an equivalent of $277,833.

Over the past week, Grayscale has bought 37,928 LTC and in the period of the past thirty days, its LTC holdings has overall increased by 141,254 coins of this Bitcoin fork.

As reported by U.Today earlier, by March 1, Grayscale had acquired around eighty percent of all LTC produced by miners in February. They had cumulatively mined 201,600 LTC coins.

More BCH and ETH added to Grayscale’s AUM

Apart from “digital silver” (LTC), on March 3, the largest crypto hedge fund purchased 1,822 BCH ($955,165) and 80,300 ETC ($895,949).

The weekly purchase of BCH has totaled 4,781 coins ($2,504,856).

Earlier this week, Grayscale also added 35,855,625 XLM to its Stellar Trust.

Overall, the biggest crypto purchasing hedge fund is holding a staggering $39.2 billion of digital assets under management as of March 3.

   

Source


Show More

Leave a Reply

Your email address will not be published. Required fields are marked *

Close

Become a Millionaire by Trading Crypto!