3M
...
Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter.
It’s Grayscale season
In the past few months, the OG crypto asset manager has launched five different single-token trusts — near and stacks in May, and bittensor, sui and maker in August.
Bittensor and sui popped after Grayscale announced the trusts earlier this month. TAO ran up to 25% in the following day while SUI almost doubled over the week. Both have since retraced slightly.
The trusts themselves have so far amassed $655,429 in the case of SUI and $1.55 million for TAO.
The MakerDAO product, disclosed on Tuesday but launched…
Read more on Blockworks