Grayscale Investment Trust was established in 2013 by Digital Currency Group (DCG), which is highly influential in the cryptocurrency space. Its presence can be seen in many well-known top-tier exchanges and projects in the crypto world. As a subsidiary of DCG, Grayscale is responsible for managing several funds including BTC, ETH, and others, with BTC and ETH being the only two options that have been certified by the U.S. Securities and Exchange Commission (SEC) for institutional legal investment and participation from retail investors in the U.S. The Grayscale holdings refer to a way for investors to invest in cryptocurrencies by purchasing Grayscale Asset Trust, a common operational form in fund investments. As an institutional-grade investment tool, Grayscale Asset Trust provides individuals and institutions with a relatively convenient way to access the potential high returns of the cryptocurrency market. This holding method is widely used in long-term investment strategies for mainstream cryptocurrencies like Bitcoin and Ethereum, featuring risk diversification, leverage effect, and trading convenience, offering investors a variety of investment choices and return opportunities. It is important to note that Grayscale currently does not sell the digital assets managed by its trust, meaning there is no redemption mechanism. The decrease in holdings shown in the chart is usually due to the annual fees deducted irregularly by Grayscale, and the total scale of assets managed by Grayscale Trust will change with the fluctuation of cryptocurrency prices. In terms of FIL investment, Grayscale increased its holdings by 11,800 FIL today, with a total average cost of $11.88; there were 32 purchase operations throughout 2024, and this increase at the beginning of 2025 is the 66th addition of FIL, bringing the total holdings to over 1.8613 million FIL. Looking back at 2024, Grayscale Fund had cumulatively invested $10,275,027 before March 22, with a total of 109,135 FIL acquired from the first to the 34th increase. Since March 23, Grayscale has repeatedly increased its holdings of FIL, with the following specifics: - On March 23, added 113,500, cost $7.8, investment $885,300; - Early morning on March 26, added 55,700, cost $9.3, investment $518,000; - On March 27, added 2,670, cost $9.53, investment $25,445; - On March 28, purchased 6,840, cost $9.13, investment $62,450; - On March 29, purchased 351,900, cost $9.3, investment $3,271,837; - On April 1, purchased 14,000, cost $9.24, investment $129,360; - On April 3, purchased 37,200, cost $8.54, investment $317,688; - On April 4, purchased 97,600, cost $8.64, investment $843,589; - On April 5, purchased 11,500, cost $8.48, investment $98,000; - On April 8, purchased 2,801, cost $9.22, investment $26,000; - On April 9, purchased 19,000, cost $8.65, investment $170,000; - On April 10, purchased 101,800, cost $8.53, investment $868,000; - On April 18, purchased 4,194, cost $5.84, investment $25,000; - On April 19, purchased 8,451, cost $5.59, investment $47,000; - On April 27, purchased 199,800, cost $5.69, investment $1,136,800; - On May 29, purchased 293,700, cost $5.85, investment $1,718,100; - On May 30, purchased 9,316, cost $5.78, investment $53,800; - On June 3, purchased 4,134.46, cost $5.82, investment $24,000; - On July 17, purchased 19,000, cost $4.531, investment $86,000; - On July 23, purchased 22,100, cost $4.683, investment $103,400; - On August 20, purchased 13,800, cost $3.63, investment $50,000; - On September 4, purchased 13,500, cost $3.354, investment $45,200; - On September 18, purchased 146,100, cost $3.474, investment $510,400; - On September 27, purchased 21,200, cost $4.013, investment $85,000; - On September 28, purchased 6,018.35, cost $4.18, investment $25,100; - On October 5, purchased 8,393.85, cost $3.628, investment $30,450; - On October 19, purchased 20,600, cost $3.7, investment $76,200; - On October 22, purchased 32,500, cost $3.83, investment $124,400; - On November 28, purchased 4,803.65, cost $5.68, investment $27,100; - On December 19, purchased 7,709.22, cost $5.75, investment $44,300; - On December 20, purchased 1,700.95, cost $5.22, investment $8,874; - On December 28, purchased 100,500, cost $4.97, investment $499,400; - On January 1, 2025, purchased 11,800, cost $4.99, investment $58,800.