• Grayscale Bitcoin Trust $40 billion
    Alt coins,  Bitcoin,  Ethereum

    Bitcoin trust manager Grayscale reaches $40B in assets

    The cryptocurrency fund manager saw rapid growth in the value of the assets it holds as institutional demand for shares erupted

    The firm said it now oversees $40 billion worth of assets. The vast majority of that is in the $33.1 billion Grayscale Bitcoin Trust and $5.7 billion Grayscale Ethereum Trust. The remaining $1.2 billion is in six alt-coin trusts and the multi-asset Grayscale Digital Large cap Fund.

  • Ethereum,  Markets Report

    Markets Report: Ethereum hits 2.5-year high, breaking $600 as CME announces 2021 futures launch

    The largest altcoin hits $620 on the back of its own futures commitment on the day that Bitcoin reaches $20,800

    As Bitcoin hits all-time highs and claims $20,000 this week, news of a different kind saw bulls double down on largest altcoin Ethereum. In a press release on December 16, CME Group, one of the first companies to launch Bitcoin futures trading in 2017, confirmed that ether futures would launch in February next year.