BITCOIN

Grayscale Adds Solana and Uniswap to Crypto Investment Fund – Finance Bitcoin News


Grayscale Investments has added Solana and Unsoap to its large-cap investment fund. This is the first time Solana Grayscale has been added to the fund. The company now provides 15 funds, including two diversified portfolios.

Solana and Uniswap have been added to the Grayscale Fund

Grayscale Investments, the world’s largest digital currency asset manager, announced quarterly rearrangements of its two diversified portfolios on Friday: large-cap funds and DFI (decentralized finance) funds.

For the Grayscale Digital Large Cap Fund (OTCQX: GDLC), the company sells some of the existing components and uses the cash to buy Solana (SOL) and uniswap (UNI). Grayscale says:

[This is] For the first time Solana (SOL) will be included in a grayscale investment vehicle.

This was the first time Uniswap was added to the large-cap fund. However, Token Grayscale has been in the Defy Fund since the portfolio was launched in July.

At the end of the day on October 1, the large-cap fund component was Bitcoin (BTC), 62.19%; Etherium (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 Cash (BCH), 0.73%.

Grayscale adds Solana and Uniswap to the Crypto Investment Fund
Grayscale Digital Large Cap Fund components until October 1st Gra. Source: Grayscale Investments.

The addition of Solana and Uniswap after Cardano (ADA) was added to the Large-Cap Fund announced in July.

For the Grayscale Defy Fund, no new tokens have been added or removed. At the end of the day on 1 October, the components of the fund were Aniswap (UNI), 45.20%; aave (AAVE), 14.11%; makerdao (MKR), 7.84%; Sushi (sushi), 7.18%; Compound, 6.73%; Synthetics (SNX), 6.29%; Desired Money (YFI), 3.92%; Curve (CRV), 3.53%; Banker Network Token (BNT), 3.04%; And UMA Protocol (UMA), 2.16%.

Grayscale adds Solana and Uniswap to the Crypto Investment Fund
Material of Grayscale Defy Fund till October 1 Gra. Source: Grayscale Investments.

As of October 1, Grayscale’s total assets under management (AUM) were 41 41.5 billion. In addition to the Large-Cap Fund and Defy Fund, the company also offers Bitcoin, Bitcoin Cash, Basic Attention Token, ChainLink, Decentland, Ethereum, Ethereum Classic, Filecoin, Horizon, Lightcoin, LivePear, Stellar Lumens and zcash.

What does Grayscale think about adding Solana and UNICEF to its investment fund? Let us know in the comments section below.

Image credit: Shutterstock, Pixabay, WikiCommons

Denial: This article is for informational purposes only. It is not a direct offer or request for a purchase or sale offer, nor is it a recommendation or approval of a product, service or company. Bitcoin.com does not provide investment, tax, legal, or accounting advice. The Company or the Author is not directly or indirectly responsible for any loss or damage caused by or in connection with the use or reliance on any content, product or service referred to in this article.





Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button