Crypto News

Grayscale Tops $60 Billion AUM, Now Surpassing World’s Largest Gold Fund

Grayscale

Cryptocurrency money manager Grayscale now has $60 billion worth of digital assets. Of course, this is according to the firm’s Wednesday update.

Furthermore, Grayscale has successful passes SPDR Gold Shares. Of course, it’s the biggest and most liquid gold exchange-traded fund in the world, as per assets under management.

“Grayscale’s AUM just topped $60 billion, and they’ve flippened the world’s largest gold fund.”

“SPDR Gold Shares has an AUM of $58.3 billion.”

“Guess the #DropGold campaign worked…”


— Kevin Rooke (@kerooke) November 11, 2021

Lastly, Grayscale Bitcoin Trust amasses for 71% of the total AUM sum with $43.5 billion.

Notably, The firm’s Ethereum fund follows next with $14.8 billion.

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