Grayscale Filecoin Trust (FIL)
FILG
Other OTC- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Michael Adam Sonnenshein
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 290 Harbor Drive Stamford CT United States of America 6902
- IPO Date
- May 16, 2022
- CIK
- 0001852039
- Website
- grayscale.com
- Similar Companies
- Business
- Grayscale Filecoin Trust (FILG) operates as a digital asset investment trust that provides investors with exposure to Filecoin (FIL), the native cryptocurrency of the Filecoin network, a decentralized storage marketplace enabling users to store and retrieve data using unused hard drive capacity from providers worldwide. The Trust holds FIL directly and seeks to reflect the value of the underlying digital asset, less the Trust's expenses and liabilities, through shares traded on OTC Markets under the ticker FILG; it charges a total expense ratio of 2.50% with no distributions and uses a CoinDesk Filecoin Reference Rate for daily net asset value calculations. Shares, structured as a Delaware statutory trust with CUSIP 38963G109, were initially offered via private placement to accredited investors starting March 15, 2021, with public trading commencing May 16, 2022; the Trust is managed by Grayscale Investments, LLC, headquartered at 250 Park Avenue South, New York, New York. The Trust targets institutional and individual accredited investors seeking simplified access to Filecoin without direct cryptocurrency custody, trading at premiums or discounts to net asset value amid market dynamics. Core services include share issuance through private placements, secondary market liquidity on OTC platforms, and transparent reporting of assets under management, Filecoin per share, and performance metrics. Geographically, operations align with Grayscale's U.S.-based framework, serving global investors via traditional brokerage accounts while focusing on the blockchain-based decentralized physical infrastructure (DePIN) and storage sector. In recent developments, Grayscale significantly expanded the Trust's Filecoin holdings to a record 2.2 million FIL tokens as of November 2025, reflecting strategic accumulation during price dips below $2 and amid surging demand tied to AI storage and DePIN narratives. Trust shares traded at a premium above $3 per share relative to spot FIL prices in late 2025, underscoring institutional confidence despite share price volatility from $140 peaks in mid-2024. Assets under management stood at approximately $2.9 million as of mid-December 2025, with net asset value per share at $1.14 and market price at $2.09, following a public inception phase that enhanced accessibility post-2022 listing.