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SOL $89.83 -0.38%
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XLM $0.1525 -1.27%
ZEC $1,292.42 +0.78%
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AMZN $259.80 +0.46%
GOOGL $285.61 +0.28%
MSFT $531.83 +0.53%
META $613.16 +0.69%
NVDA $188.29 -0.91%
TSLA $359.40 +2.49%
SNDK $833.75 -6.05%
INTC $56.24 +2.38%
SPCX $135.02 +4.89%
MU $691.89 -2.76%
AMD $447.67 +2.83%

Grayscale's July GBTC and ETHE fund revenue reached $41.92 million, with total revenue for the second quarter amounting to $126.2 million

2023-08-02 17:39:44

ChainCatcher news, according to The Block, in July, Grayscale's flagship products Bitcoin and Ethereum funds generated $41.92 million in revenue, bringing the total revenue of the company's two largest products to $278.38 million. Although its parent company DCG reported a total EBITDA loss of $79 million in the second quarter and had poor cash flow, Grayscale's second quarter revenue from ETHE and GBTC still reached $126.2 million.

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