Grayscale adds SOL and UNI to Digital Large Cap Fund portfolio
Grayscale Investments, a New-York based crypto asset manager, now includes Solana’s SOL and Uniswap’s UNI tokens in its Grayscale Digital Large Cap Fund (GDLC) portfolio after rebalancing its basket of cryptocurrencies. The quarterly rebalancing of GDLC is done by selling existing components of the portfolio for cash and procuring well-performing crypto assets. Based on the adjustment, SOL and UNI make up 3.24% and 1.06% of the fund’s components, respectively, while Grayscale continues to cut down on Litecoin (LTC) and Bitcoin Cash (BCH) holdings. After the previous quarterly rebalancing, Grayscale’s portfolio included 4.26% of Cardano’s ADA, making it the third-largest asset in the Digital Large Cap Fund. However, the latest adjustment means that ADA now represents 5.11% of the fund.
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- CoinRado.com