Grayscale Investments has added solana and uniswap to its large-cap funding fund. This is the primary time solana has been added to a Grayscale fund. The firm now provides 15 funds, two of that are diversified portfolios.
Solana and Uniswap Added to Grayscale Fund
Grayscale Investments, the world’s largest digital currency asset supervisor, introduced Friday the quarterly rebalancing of its two diversified portfolios: the large-cap fund and the defi (decentralized finance) fund.
For the Grayscale Digital Large Cap Fund (OTCQX: GDLC), the corporate bought a number of the present elements and used the money proceeds to buy solana (SOL) and uniswap (UNI). Grayscale stated:
[This is] the primary time solana (SOL) can be included in a Grayscale funding car.
This was additionally the primary time uniswap was added to the large-cap fund. However, the token has been within the Grayscale Defi Fund because the portfolio launched in July.
At the top of the day on Oct. 1, the large-cap fund’s elements had been bitcoin (BTC), 62.19%; ethereum (ETH), 26.08%; cardano (ADA), 5.11%; solana (SOL), 3.24%; uniswap (UNI), 1.06%; chainlink (LINK), 0.82%; litecoin (LTC), 0.77%; and
bitcoin money (BCH), 0.73%.
The addition of solana and uniswap adopted the addition of cardano (ADA) to the large-cap fund, announced in July.
For the Grayscale Defi Fund, no new tokens had been added or eliminated. At the top of the day on Oct. 1, the fund’s elements had been uniswap (UNI), 45.20%; aave (AAVE), 14.11%; makerdao (MKR), 7.84%; sushiswap (SUSHI), 7.18%; compound (COMP), 6.73%; synthetix (SNX), 6.29%; yearn finance (YFI), 3.92%; curve (CRV), 3.53%; bancor community token (BNT), 3.04%; and UMA Protocol (UMA), 2.16%.
Grayscale’s whole property below administration (AUM) as of Oct. 1 was $41.5 billion. Besides the large-cap fund and the Defi fund, the corporate provides investments in single asset funds in bitcoin, bitcoin money, fundamental consideration token, chainlink, decentraland, ethereum, ethereum traditional, filecoin, horizen, litecoin, livepeer, stellar lumens, and zcash.
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