Forbes ranks the very best conventional asset managers, but that ranks the top regulated digital asset managers?
Cointelegraph Consulting's 2021 ranking of the top five United States-based controlled crypto asset management companies highlights that Bitcoin's explosive growth in price has catapulted many electronic asset managers past the half-billion-dollar mark.
As more and more investors are turning into the digital asset marketplace, these businesses are on track to becoming important players in the U.S. monetary sector.
Grayscale is one of the greatest and well-known companies from the crypto world, which has been set in 2013 with its parent company -- 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 fund offers different products to its clients, both single-asset goods and diversified baskets.
Pantera Capital Management
Pantera is focused on a broad array of assets connected with the electronic economy -- private equity, tokens and more. Pantera's $4 billion in AUM is dispersed among four chief funds: liquid token fund, early-stage token fund, Bitcoin finance and venture fund.
Bitwise Asset Management
Bitwise was founded in 2017 by a team of software experts along with experienced asset managers and can be located in San Francisco. This company has more than $1 billion in AUM, which is concentrated in a number of capital: 10 crypto index fund, decentralized finance crypto index fund, Bitcoin finance, and Ethereum finance, among others.
Galaxy Digital focuses mainly on BTC and ETH, though it also includes a varied crypto index fund. In total, Galaxy Digital's AUM is more than $800 million. He recently claimed he believes that nonfungible tokens will remain"to the remainder of our lives" They are also known to be involved in mining proof-of-work-based digital assets and launch a regulated investment vehicle for retail investors.
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 finance (tokenized Kentucky Whiskey Barrels), Active Hybrid VC finance. Additionally, the fund provides wealth management solutions for crypto treasury and wealth management, together with protocol treasury and stock management. According to information shared by Wave Financial, the fund contains $500 million in assets under management.
The Cointelegraph Consulting's 2021 ranking of the largest U.S.-based and controlled digital asset managers only includes strength managers who are dedicated to cryptocurrency and blockchain. Standard asset managers that have a small allocation to digital assets weren't included.
This list also does not include crypto-focused asset managers that are only invested in venture capital and private equity. Cointelegraph Consulting prepared the listing, but it's for investors to choose which of the funds are in line with their interests.
This article has been prepared by Cointelegraph Consulting, and also the results of the ranking are based on publicly declared AUMs and information obtained by emailing several digital asset managers. Cointelegraph Consulting isn't an investment company, investment advisor or broker/dealer.
Particularly, the document does not serve as a substitute for personal investment or other advice.