Gray Holds $6.62 Billion in Ether

Grayscale now holds $6.62 billion worth of Ether, making it the largest institutional holder. The news comes from blockchain media outlet BlockBeats and has been confirmed by other sources. It has been reported that Grayscale holds a large amount of Ether that has been valued at over $6.62 billion, making it the largest institutional holder of Ether. The news suggests that institutional investor interest in Ether is growing and could drive the price of Ether even higher. Grayscale's huge investment in Ether, as a leading institution in the cryptocurrency space, also reflects its bullishness on Ether's future growth.