Grayscale Adjusts Crypto Fund: Removes Avalanche, Adds Cardano

Doohyun Hwang

Summary

Grayscale has announced that it has rebalanced the portfolio of its crypto fund.
They have removed Avalanche and added Cardano.
The GDLC portfolio is reported to consist of Bitcoin, Ethereum, Ripple, Solana, and Cardano.

Global asset manager Grayscale has announced that it has rebalanced the weights of the cryptocurrencies in its crypto fund.

On the 9th (local time), Grayscale stated on its official website, "We have rebalanced the portfolio of Grayscale's crypto fund, the 'Grayscale Digital Large Cap Fund (GDLC),' by referencing the 'CoinDesk Large Cap Select Index.'" They announced that they have removed Avalanche (AVAX) and added Cardano (ADA).

Currently, the GDLC portfolio consists of Bitcoin (BTC, 73.52%), Ethereum (ETH, 16.16%), Ripple (XRP, 5.05%), Solana (SOL, 3.83%), and Cardano (1.44%).

Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀

Grayscale Adjusts Crypto Fund: Removes Avalanche, Adds Cardano

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