Grayscale Adds $283.3 Million To GBTC

Grayscale Adds $283.3 Million To GBTC

Grayscale has added $283.3 million to its premier Grayscale Bitcoin Investment Trust (GBTC) product, despite the fact that the product continues to trade at a significant discount compared to the bitcoin held within.

An update from Grayscale on April 20 indicated that GBTC had $36.1769 billion worth of assets under management (AUM), and an update on April 21 indicated that its AUM had risen to $36.4602 billion in AUM, a rise of $283.3 million. The updates indicated that Grayscale acquired almost $1 billion in different cryptocurrency assets between the two assets.

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