Grayscale Investments reported that the cumulative amount of cryptocurrency funds under its management of funds again exceeded $ 1 billion. More than 90% of the company's assets are under a bitcoin-oriented trust.
According to the company, as of April 1, the size of the assets under its management was $ 940 million, at the end of February this figure was $ 747 million.
On April 2, amid a sharp jump in the price of Bitcoin, the total volume of assets under management, however, rose to $ 1.1 billion, of which $ 999.1 million was Bitcoin.
In February Grayscale Investments published an investment report for 2018, according to which, despite a stable quarterly decline in attracted investments in its products, ended the year with a record figure of $ 395.5 million.
At the beginning of December 2018, Grayscale Bitcoin Investment Trust controlled more than 200,000 BTC, which at that time was about 1% of the total emission of the first cryptocurrency.