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Grayscale Adjusts Crypto Fund: Removes Avalanche, Adds Cardano

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Doohyun Hwang
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  • 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.
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  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

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%).

BTC
ETH
ADA
SOL
AVAX
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