Grayscale has increased its holdings by 11,800 FIL, with total holdings exceeding 1,861,300 FIL! Where will it be in 2025?
Grayscale Investment Trust was established in 2013 by Digital Currency Group (DCG), which is highly influential in the cryptocurrency space, with its presence visible in many well-known top-tier exchanges and projects.
As a subsidiary of DCG, Grayscale is responsible for managing multiple funds including BTC and ETH, which were the first to be certified by the U.S. Securities and Exchange Commission (SEC), making them the only two options for institutional legal investment and retail participation in U.S. stock markets.
Grayscale holdings refer to an investment method where investors purchase cryptocurrency held by Grayscale Asset Trust (Grayscale Trust), a common form of fund investment operations.
As an institutional-level investment tool, Grayscale Asset Trust provides individuals and institutions with a relatively convenient way to access the potentially high returns of the cryptocurrency market. This holding method is widely used in long-term investment strategies for mainstream cryptocurrencies such as Bitcoin and Ethereum, featuring risk diversification, leverage effects, and trading convenience, thereby offering investors diversified investment choices and profit opportunities.
- On October 5, purchased 8,393.85 coins, cost $3.628, investment $30,450;
- On October 19, purchased 20,600 coins, cost $3.7, investment $76,200;
- On October 22, purchased 32,500 coins, cost $3.83, investment $124,400;
- On November 28, purchased 4,803.65 coins, cost $5.68, investment $27,100;
- On December 19, purchased 7,709.22 coins, cost $5.75, investment $44,300;
- On December 20, purchased 1,700.95 coins, cost $5.22, investment $8,874;
- On December 28, purchased 100,500 coins, cost $4.97, investment $499,400;
- On January 1, 2025, purchased 11,800 coins, cost $4.99, investment $58,800.
Currently, Grayscale holds a total of 1,861,300 FIL. The total cost is $22,127,843, with an average cost of $11.88 per coin.
