Grayscale News: The exits from the big crypto money fund Grayscale continue. In just one day, there was $ 2.1 billion crypto asset outflow.
Grayscale sees $2.1 billion outflow in cryptocurrencies
Major investment fund Grayscale, a subsidiary of Barry Silbert’s Digital Currency Group, announced that as of May 28, the size of its crypto assets had dropped from $ 36.2 billion to $ 34.1 billion.
Grayscale Investments noted on Thursday, May 27, that the amount of crypto it holds has dropped by $2.1 billion in the past twenty-four hours, with the company currently holding $34.1 billion instead of $36.2. Data provided by the Bybt analytics platform shows that exits from Grayscale crypto Trust funds have only occurred in the last 24 hours.
The flagship cryptocurrency lost nearly 38 percent of its value, falling to $ 36,140 at the time of writing from its top of over $ 58,000 on May 1.