Digital Currency Group (DCG), to which Grayscale Investments is affiliated, increased its revenue in the last quarter of last year.
Digital Currency Group, “DCG’s consolidated revenue for fiscal 2023 is $749 million; Its EBITDA was 275 million dollars.” made the statement.
The value of DCG’s investment portfolio, including tokens, shares in the Grayscale Bitcoin Trust, and other investments, as of December 31 $975 million It was announced as.
Grayscale Investments, which is affiliated with DCG and operates Grayscale Bitcoin Trust (GBTC), billions of dollars outflow from the fund Although it is still on the market largest Bitcoin ETF operates.
GBTC also owns spot Bitcoin ETFs. more than a third of the daily transaction volume is pulling.
Digital Currency Group says approval of spot Bitcoin ETFs in the US “a huge breakthrough in mainstream adoption of digital assets” He stated that it was.