Leading cryptocurrency investment firm Grayscale is exploring 13 additional crypto-based investment products.

It was completed Advertising From the nominal list of cryptocurrencies yesterday, Thursday, these cryptocurrencies include three of the top 20 cryptocurrencies by total market capitalization, which are:

SOL, MATIC, and ICP.

Among the other cryptocurrencies that Grayscale wants to add to its investment products are:

Bancor (BNT), Curve (CRV), Kava (KAVA), Kyber Network (KNC), Loopring (LRC), NEAR (NEAR), Ren (REN), Universal Market (UMA), 0 x (ZRX), 1 inch (1 inch).

Grayscale has more than $33 billion in assets under management (AUM).

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Grayscale’s Bitcoin (GBTC) product is the clear leader of the 13 investment products currently offered by the company.

The 13 cryptocurrencies mentioned above are under study in addition to the 18 cryptocurrencies that the company is still exploring, which means that Grayscale is considering a total of 31 investment products.

Grayscale announced that it was looking at 23 potential new cryptocurrencies in February, and it had launched five in March. These cryptocurrencies are:

• paddle.
• Link.
• mana.
• FIL.
• LPT.

06/17/21 Update: net assets under management, holdings per share and market price per share for our investment products.

Total assets under management: $34.4 billionBTC dollars BCH dollars ETH dollar $ etc Zain Dollars Litecoin Dollars XLM dollars ZEC dollars $ baht $ . link mana dollars FIL dollar $ LPT pic.twitter.com/PtYdWkfxmM

Grayscale June 17, 2021

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Grayscale said in its latest announcement that adding new investment products requires significant review and consideration and is subject to significant internal controls, adequately secure custody arrangements and regulatory considerations.

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Grayscale mutual funds and trusts provide companies with exposure to cryptocurrencies without having to hold the underlying assets.

These products are traded on public exchanges, with these funds tracking the price of cryptocurrencies, and it is worth noting that some funds can trade at a premium or at a discount.

Grayscale’s latest announcement comes just days after Morgan Stanley said it was ready to expand its bitcoin fund options.

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