rayscale, the world’s largest digital currency manager, said on Thursday its assets under management surged more than 900% to $20.2 billion at the end of last year, lifted by record inflows in the fourth quarter and the surge in the price of bitcoin.
The cryptocurrency manager started 2020 overseeing $2 billion in assets.
https://www.reuters.com/article/us-crypto-currencies-grayscale/bitcoin-surge-helps-lift-grayscale-assets-to-record-20-billion-in-2020-idUSKBN29J2QL
What are their expense ratios again like 2-3%? Nice juicy AUM fees.