According to a tweet published by Grayscale Investments on Nov. 1, the largest crypto-asset management firm affiliated with billionaire Barry Silbert and the Digital Currency Group holding currently holds a total of $55.1 billion in altcoins and Bitcoin (BTC). Also, recently, Grayscale has purchased large quantities of Chainlink (LINK), Basic Attention Token (BAT), and Filecoin (FIL) for its trusts for popular altcoins.
Grayscale buys more altcoins
According to data provided by analytics website Bybt, Grayscale added 188,991 BAT tokens in the past seven days and 179,641 BAT tokens last month. It also bought 1,141 LINK in the last week and 8,823 LINK in the last 30 days. As for the FIL, the amount of these altcoins that the company contributed to the trust fund was 2,416 last week and 5,121 in the last 30 days.
Currently, Grayscale owns $39.634 billion worth of Bitcoin (BTC), $13.438 billion worth of Ether (ETH), $6 million Basic Attention Token (BAT), $9.4 million Chainlink (LINK), and $6.1 million worth of Filecoin (FIL). cryptocoin.com As we reported, Grayscale recently filed an application to convert the Bitcoin Trust into a Bitcoin ETF, following the launch of a futures-based Bitcoin ETF.
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