Grayscale Investment Trust was established by Digital Currency Group in 2013. DCG is one of the most powerful investment institutions in the cryptocurrency space, and you can find its presence in almost all of the major exchanges and projects you know.
As a subsidiary of DCG, Grayscale manages several funds including BTC and ETH, both of which have received SEC certification, making them the only two choices for institutional legal investment and retail investors in the US stock market.
Grayscale holdings refer to a form of investment where fund managers use the funds within the fund to invest in stocks or bonds, representing a process where users anticipate a rise in the stock. This is generally applied in fund investments and is a common operational method within fund investing. Grayscale holdings mean that investors are acquiring cryptocurrencies held by Grayscale Trust. Grayscale Trust is an institutional-level investment tool that allows individuals and institutions to gain exposure to the explosive returns of the cryptocurrency market in a relatively simple manner. This holding method is commonly used in long-term investment strategies for mainstream cryptocurrencies such as Bitcoin and Ethereum, featuring risk diversification, leverage effects, and convenient trading characteristics, providing investors with diversified investment options and profit opportunities.
Soon after FIL was launched, it was included in Grayscale Fund’s holdings. On March 15, 2021, Grayscale established the FIL trust product, purchasing for the first time around $80 on March 17. Over the next two years, Grayscale spent a total of $10.27 million on 34 purchases of FIL, acquiring about 110,000 FIL, with the highest purchase price at $170 and the lowest at $19, costing approximately $90.
Subsequently, in the year 2024, there were 32 increases in FIL holdings; a total of 1,752,029 FIL were added, with significant purchases on March 29, 2024 (351,900 FIL), April 10, 2024 (101,800 FIL), April 27, 2024 (199,800 FIL), and May 29, 2024 (293,700 FIL).
Why did Grayscale start to buy FIL in large quantities again? Professional institutions prefer to conduct 'right-side trading' during bottom intervals, meaning they enter once they confirm a trend has started. Thus, they are not buying at the 'lowest point' but rather at a point of 'certainty'. Perhaps Grayscale sees the current situation as the bottom interval for FIL. Although the fundamentals have not improved significantly, they are not expected to worsen, and the certainty of an upward trend has increased, prompting them to continue accumulating shares. Grayscale's 350,000 purchases are enough to prove that Wall Street has a strong consensus.
Note: Grayscale will not sell the digital assets managed by its trust; currently, there is no redemption mechanism. The reduction in holdings (negative numbers) in the chart is due to the annual fee deducted periodically by Grayscale. The total scale of assets managed by Grayscale Trust changes with the price of cryptocurrencies.
Grayscale today increased holdings by 13,600 FIL, with an average total cost of $10.46; there were 32 increases in 2024, and the 19th increase in 2025 is the 84th increase in FIL, holding over 2,209,600 FIL!
Grayscale Fund invested a total of $22,939,471 before March 22, 2024.
From the first to the 34th increase, a total of 109,135 FIL were added.
On March 23, 2024, increased holdings by 113,500, cost $7.8, investing $88.53.
On March 26, 2024, increased holdings of 55,700 FIL at a cost of $9.3, investing $518,000.
On March 27, 2024, increased holdings by 2,670 FIL at a cost of $9.53, investing $25,445.
On March 28, 2024, purchased 6,840 FIL at a cost of $9.13, investing $62,450.
On March 29, 2024, purchased 351,900 FIL at a cost of $9.3, investing $3,271,837.
On April 1, 2024, purchased 14,000 FIL at a cost of $9.24, investing $129,360.
On April 3, 2024, purchased 37,200 FIL at a cost of $8.54, investing $317,688.
On April 4, 2024, purchased 97,600 FIL at a cost of $8.64, investing $843,589.
On April 5, 2024, purchased 11,500 FIL at a cost of $8.48, investing $98,000.
On April 8, 2024, purchased 2,801 FIL at a cost of $9.22, investing $26,000.
On April 9, 2024, purchased 19,000 FIL at a cost of $8.65, investing $170,000.
On April 10, 2024, purchased 101,800 FIL at a cost of $8.53, investing $868,000.
On April 18, 2024, purchased 4,194 FIL at a cost of $5.84, investing $25,000.
On April 19, 2024, purchased 8,451 FIL at a cost of $5.59, investing $47,000.
On April 27, 2024, purchased 199,800 FIL at a cost of $5.69, investing $1,136,800.
On May 29, 2024, purchased 293,700 FIL at a cost of $5.85, investing $1,718,100.
On May 30, 2024, purchased 9,316 FIL at a cost of $5.78, investing $53,800.
On June 3, 2024, purchased 4,134.46 FIL at a cost of $5.82, investing $24,000.
On July 17, 2024, purchased 19,000 FIL at a cost of $4.531, investing $86,000.
On July 23, 2024, purchased 22,100 FIL at a cost of $4.683, investing $103,400.
On August 20, 2024, purchased 13,800 FIL at a cost of $3.63, investing $50,000.
On September 4, 2024, purchased 13,500 FIL at a cost of $3.354, investing $45,200.
On September 18, 2024, purchased 146,100 FIL at a cost of $3.474, investing $510,400.
On September 27, 2024, purchased 21,200 FIL at a cost of $4.013, investing $85,000.
On September 28, 2024, purchased 6,018.35 FIL at a cost of $4.18, investing $25,100.
On October 5, 2024, purchased 8,393.85 FIL at a cost of $3.628, investing $30,450.
On October 19, 2024, purchased 20,600 FIL at a cost of $3.7, investing $76,200.
On October 22, 2024, purchased 32,500 FIL at a cost of $3.83, investing $124,400.
On November 28, 2024, purchased 4,803.65 FIL at a cost of $5.68, investing $27,100.
On December 19, 2024, purchased 7,709.22 FIL at a cost of $5.75, investing $44,300.
On December 20, 2024, purchased 1,700.95 FIL at a cost of $5.22, investing $8,874.
On December 28, 2024, purchased 100,500 FIL at a cost of $4.97, investing $499,400.
On January 1, 2025, purchased 11,800 FIL at a cost of $4.99, investing $58,800.
On January 8, 2025, purchased 2,417 FIL at a cost of $5.49, investing $13,200.
On January 11, 2025, purchased 19,600 FIL at a cost of $5.15, investing $100,900.
On January 16, 2025, purchased 9,501 FIL at a cost of $5.55, investing $52,700.
On January 22, 2025, purchased 23,500 FIL at a cost of $5.22, investing $122,600.
On January 22, 2025, purchased 9,766 FIL at a cost of $5.03, investing $49,100.
On February 12, 2025, purchased 18,300 FIL at a cost of $3.34, investing $61,100.
On April 22, 2025, purchased 23,000 FIL at a cost of $2.62, investing $60,200.
On May 20, 2025, purchased 26,700 FIL at a cost of $2.87, investing $76,600.
On June 19, 2025, purchased 28,800 FIL at a cost of $2.37, investing $68,200.
On July 24, 2025, purchased 29,900 FIL at a cost of $2.76, investing $82,500.
On August 29, 2025, purchased 42,800 FIL at a cost of $2.36, investing $101,000.
On October 3, 2025, purchased 17,400 FIL at a cost of $2.36, investing $41,100.
On October 8, 2025, purchased 10,200 FIL at a cost of $2.29, investing $23,400.
On October 16, 2025, purchased 23,800 FIL at a cost of $1.59, investing $37,900.
On October 23, 2025, purchased 30,600 FIL at a cost of $1.51, investing $46,200.
On October 24, 2025, purchased 29,300 FIL at a cost of $1.54, investing $45,100.
On October 25, 2025, purchased 23,600 FIL at a cost of $1.55, investing $36,500.
On November 14, 2025, purchased 13,600 FIL at a cost of $2.06, investing $28,000.
Currently holding: 2,209,600 FIL.
Total cost: $23,133,255.
Average: $10.46 per FIL.
Source material from official media/network news.
The content published by this account is for learning and communication purposes only. The materials in the text are sourced from publicly available online information. If there are any copyright issues, please leave a message, and we will correct or delete it as soon as possible. This article aims to convey more market information and does not constitute any investment advice.