Grayscale's gross AUM (Assets Under Management) has risen to $49.2 billion USD, approaching the $50 billion USD level as Bitcoin reaches $62,000 USD. After several weeks of heavy consolidation, Bitcoin broke through $80,000 AUD on Saturday, setting a new all-time high for the father of all cryptos. Grayscale would not file an S-1 with the Securities and Exchange Commission, unlike other elite institutions such as Goldman Sachs and VanEck.