THELOGICALINDIAN - Grayscale Investments has launched a solana assurance The aggregation now has about 54 billion in absolute assets beneath administration The new assurance which is the companys 16th crypto advance artefact will alone advance in solana SOL The CEO of Grayscale said that investors are more diversifying their acknowledgment above agenda assets like bitcoin and ethereum
Grayscale Adds Solana to Its List of Investment Products
Grayscale Investments, the world’s better agenda bill asset manager, appear Tuesday the barrage of Grayscale Solana Trust. The new trust, which will “solely and passively” advance in solana (SOL), the built-in badge of the Solana network, is Grayscale’s 16th crypto advance product.
The advertisement notes:
Grayscale’s added single-asset advance articles accommodate acknowledgment to bitcoin (BTC), basal absorption badge (BAT), bitcoin banknote (BCH), chainlink (LINK), decentraland (MANA), ethereum (ETH), ethereum archetypal (ETC), filecoin (FIL), litecoin (LTC), livepeer (LPT), arch lumens (XLM), zcash (ZEC), and horizen (ZEN).
In addition, Grayscale offers adapted products: Grayscale Digital Large Cap Fund and Grayscale Defi Fund. The above provides advantage of the high 70% of the crypto bazaar by bazaar capitalization. The closing provides acknowledgment to a alternative of industry-leading defi (decentralized finance) protocols.
Grayscale CEO Michael Sonnenshein commented that for the accomplished eight years:
The aggregation appear $53.5 billion in absolute assets beneath administration (AUM) on Tuesday. Its best accepted artefact is the bitcoin assurance (GBTC) which has added than $37.2 billion in assets beneath management, followed by the ethereum assurance (ETHE) with an AUM of about $14.2 billion.
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