On Friday, the company had assets worth a total of $46.1 billion compared to $45.1 billion just the day before.
We wrote something similar just ten days ago when Grayscale started buying digital data worth $3 billion in just 4 days. Specifically, it had launched five tokens: Chainlink (LINK), Basic Attention Token (BAT), MANA (Decentraland), Filecoin (FIL), and Livepeer (LPT).
It has also bought huge quantities of XLM, Litecoin and ETC. However, the big news about Grayscale came five days ago, when it announced that it intends to convert the Bitcoin Trust into an ETF.
The last time the company added close to $1 billion worth of assets was back in 2020. Then it offered just 10 cryptos in its crypto-backed trust funds. Over 80% of the addition was credited to institutional investors.
We do not know if it will succeed, but it is certain that its expansion in this area is very fast.
