The recent increase in Bitcoin’s price from $39,900 to more than $43,500 has led to a growth of $1.25 billion in the value of the cryptocurrency assets managed by Grayscale, as reported by Arkham Intelligence. This comes despite a continual decrease in the amount of Bitcoin being withdrawn from the Grayscale Bitcoin ETF. According to data from Arkham Intelligence, around 18,000 BTC has been withdrawn from the fund since Friday. However, these withdrawals have been compensated for by rising prices throughout the market. The value of Grayscale’s Bitcoin assets has increased by $968 million, and its Ethereum assets have seen a rise of $298 million. Despite the reduction in the amount of Bitcoin within the fund, Grayscale charges a 1.5% fee, which is on the higher side, especially considering that spot ETFs are settled in cash rather than actual Bitcoin. Currently, it is estimated that the yearly income from existing assets is around $429 million, with the valuation of Bitcoin being $43,400 at the time of the most recent analysis.