Grayscale Loses $4.1 Billion Crypto AUM in Single Day as Bitcoin Plunged to $44,900
According to a recent Grayscale tweet, the amount of crypto assets under its management now totals $37.9 billion, as of Feb. 23.
That is $4.1 billion less than a day before when the Barry Silbert-affiliated crypto hedge fund held a staggering $42 billion in cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash, etc.
Grayscale loses $4.1 billion in crypto in one day
Grayscale, a subsidiary of Barry Silbert's Digital Currency Group, has spread the word that between Feb. 22 and Feb. 23, the worth of its crypto assets shrank by $4.1 billion and totals $37.09 billion at press time.
