Overview
Grayscale Investments, LLC is an American digital currency asset management company and subsidiary of Digital Currency Group founded in 2013 and based in Stamford, Connecticut.
3 sources for this section
- 1Grayscale Investments — Wikipedia, revision 1357074253
- 2Rooney, Kate (November 1, 2018). "Crypto investment firm Grayscale rakes in $330 million this year despite bitcoin bear market". CNBC. Retrieved June 22, 2022.
- 3Reyes, Max (November 29, 2021). "Crypto Firm Digital Currency Finds New Home in Stamford". Bloomberg. Archived from the original on November 29, 2021. Retrieved February 22, 2022.
History
Grayscale was founded in 2013, launching a bitcoin trust that year. In 2015, the company became a subsidiary of Digital Currency Group. The same year, Grayscale Bitcoin Trust (OTCQX: GBTC) began trading over-the-counter on the OTCQX market, becoming the first publicly traded bitcoin fund in the United States. The company charged higher than average fees compared to similar exchange-traded funds (ETFs), but said the fees were to cover the costs of trading bitcoin. Grayscale sought to turn GBTC into an ETF in 2017, but voluntarily withdrew the application following negative remarks from the SEC.
In 2017, Grayscale launched two additional cryptocurrency investment funds which held Ethereum Classic and Zcash. The following year, the company launched its fourth cryptocurrency fund, the Digital Large Cap Fund (GDLC), initially holding bitcoin, Ether, Litecoin, Ripple, and Bitcoin Cash. GDLC began trading publicly in October 2019. GBTC became an SEC-reporting bitcoin investment fund in 2020.
In 2021, the company added Grayscale Solana Trust to its portfolio. The company managed digital assets totalling $50 billion.
12 sources for this section
- 1Grayscale Investments — Wikipedia, revision 1357074253
- 4Basar, Shanny (February 18, 2022). "Grayscale Investments Aims to Gain Share in US ETFs". Traders Magazine. Archived from the original on June 25, 2022. Retrieved June 22, 2022.
- 5Tepper, Fitz (October 27, 2015). "Barry Silbert Launches Digital Currency Group With Funding From MasterCard, Others". TechCrunch. Archived from the original on April 30, 2019. Retrieved June 22, 2022.
- 6Rosenfeld, Everett (April 1, 2015). "Public trading could begin next week for bitcoin fund". CNBC. Archived from the original on May 12, 2016. Retrieved June 22, 2022.
- 7
The source notesEvidence & further reading14 sources
- Grayscale Investments — Wikipedia, revision 1357074253 Wikipedia contributors · Reference source · accessed 2026-09-22
- Rooney, Kate (November 1, 2018). "Crypto investment firm Grayscale rakes in $330 million this year despite bitcoin bear market". CNBC. Retrieved June 22, 2022. cnbc.com · Reference source · link imported 2026-09-22
- Reyes, Max (November 29, 2021). "Crypto Firm Digital Currency Finds New Home in Stamford". Bloomberg. Archived from the original on November 29, 2021. Retrieved February 22, 2022. bloomberg.com · Reference source · link imported 2026-09-22
- Basar, Shanny (February 18, 2022). "Grayscale Investments Aims to Gain Share in US ETFs". Traders Magazine. Archived from the original on June 25, 2022. Retrieved June 22, 2022. tradersmagazine.com · Reference source · link imported 2026-09-22
- Tepper, Fitz (October 27, 2015). "Barry Silbert Launches Digital Currency Group With Funding From MasterCard, Others". TechCrunch. Archived from the original on April 30, 2019. Retrieved June 22, 2022. techcrunch.com · Reference source · link imported 2026-09-22
- Rosenfeld, Everett (April 1, 2015). "Public trading could begin next week for bitcoin fund". CNBC. Archived from the original on May 12, 2016. Retrieved June 22, 2022. cnbc.com · Reference source · link imported 2026-09-22