5 largest regulated US digital asset managers hold over $46B of crypto

Cointelegraph Consulting ’ randomness 2021 rank of the peak five United States-based regulated crypto asset management firms highlights that Bitcoin ’ s explosive growth in price has catapulted many digital asset managers past the half-billion-dollar mark. As more and more investors are turning to the digital asset grocery store, these companies are on path to becoming important players in the U.S. fiscal industry .

Grayscale Investments

Grayscale is one of the largest and long-familiar firms in the crypto universe, which was founded in 2013 by its parent organization — Digital Currency Group. Grayscale now has a total of more than $ 40 billion in assets under management, which consist of investments in Bitcoin ( BTC ), Ether ( ETH ), Bitcoin Cash ( BCH ), Litecoin ( LTC ), Zcash ( ZEC ), Stellar ( XLM ), Horizen ( ZEN ) and more. The store offers diverse products to its clients, both single-asset products and diversify baskets .

Pantera Capital Management

Pantera Capital was founded in 2003 by Dan Morehead and is headquartered in California. Pantera is focused on a across-the-board range of assets connected with the digital economy — private equity, tokens and more. Pantera ’ s $ 4 billion in AUM is distributed among four independent funds : liquid nominal fund, early-stage token fund, Bitcoin fund and guess fund.

Bitwise Asset Management

Bitwise was founded in 2017 by a team of software experts combined with know asset managers and is located in San Francisco. This company has more than $ 1 billion in AUM, which is concentrated in respective funds : 10 crypto index investment company, decentralized finance crypto index investment company, Bitcoin fund, and Ethereum fund, among others .

Galaxy Digital

This tauten has several offices across the world including London, Hong Kong and Amsterdam with its headquarters in New York. Galaxy Digital focuses chiefly on BTC and ETH, although it besides has a divers crypto index fund. In total, Galaxy Digital ’ randomness AUM is more than $ 800 million. The chief executive officer of Galaxy Digital, Mike Novogratz, is a regular commentator on traditional television receiver news networks such as Bloomberg. He recently claimed he believes that nonfungible tokens will stay “ for the lie of our lives. ” They are besides known to be involved in mining proof-of-work-based digital assets and launching a baffle investing fomite for retail investors .

Wave Financial

Located in California, Wave Financial offers several investment solutions such as funds : Select 5 Index fund, a BTC Income & Growth Digital Fund, Tokenized Real Asset fund ( tokenized Kentucky Whiskey Barrels ), Active Hybrid VC fund. additionally, the fund offers wealth management solutions for crypto treasury and wealth management, aboard protocol treasury and inventory management. According to data shared by Wave Financial, the fund has $ 500 million in assets under management.

The ranking

The Cointelegraph Consulting ’ second 2021 ranking of the largest U.S.-based and regulated digital asset managers lone includes asset managers that are dedicated to cryptocurrency and blockchain. traditional asset managers that have a modest allocation to digital assets were not included. This number besides does not include crypto-focused asset managers that are only invested in venture capital and private equity. Cointelegraph Consulting prepared the list, but it ’ sulfur for investors to decide which of the funds are most in line with their interests.

This article was prepared by Cointelegraph Consulting, and the results of the ranking are based on publicly announced AUMs and data acquired by emailing respective digital asset managers. Cointelegraph Consulting is not an investment company, investment adviser or broker/dealer. This publication is for information purposes alone and represents neither investment advice nor an investment analysis or an invitation to buy or sell fiscal instruments. specifically, the text file does not serve as a substitute for individual investing or other advice. disclaimer : Wave Financial is a featured investment company from one of Cointelegraph Consulting ’ second sponsors, and its inclusion did not affect this rank .

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