$5 Billion in AUM: Why Growth at Grayscale Exploded in the Last Quarter - Ep.137

Michael Sonnenshein, managing director of Grayscale Investments, talks about the strong growth in investment in its products, with inflows in Q2 totaling more than $900 million, bringing assets under management to over $5 billion. He discusses how Grayscale:

• saw more than $900 million in investment in Q2, up from $500 million in Q1
• why the macro environment is causing investors to focus on crypto
• why investors are expressing growing interest in the Grayscale Ethereum Trust
• how 80% of Grayscale investors have exposure to more than one asset
• which types of investors are coming in
• what developments within the crypto space are also leading to the increased inflows into Grayscale products
• Grayscale's filing of a Form 10 for the Grayscale Ethereum Trust, which will enable it to become an SEC-reporting company
• why it is doing so for the Ethereum Trust as opposed to Ethereum Classic
• how the Grayscale Bitcoin Cash and Litecoin Trusts will soon by publicly trading
• what metrics they use to determine whether to bring a digital asset to market
• who are attracted to the Grayscale Digital Large Cap fund (GLDC)
• how Grayscale grew to have $5 billion in assets under management

Thank you to our sponsors! 

Crypto.com: https://www.crypto.com

Nexo: https://www.nexo.io

Episode links: 

Michael Sonnenshein: https://twitter.com/Sonnenshein

Grayscale: https://grayscale.co

Grayscale's filing of the Form 10 for the Ethereum Investment Trust: https://www.forbes.com/sites/michaeldelcastillo/2020/08/06/valuable-sec-data-on-20-institutional-bitcoin-investors-could-soon-disappear/#27352c561de2

Links from news recap:

https://unchainedpodcast.com/a-99-drop-in-value/