Grayscale Investments, a New York-based crypto asset manager, has now incorporated Solanar SOL and UNIWAP’s UNI tokens into its Grayscale Digital Large Cap Fund (GDLC) portfolio after rearranging cryptocurrency baskets.
GDLC’s quarterly restructuring sells existing components of the portfolio in cash and collects well-performing crypto assets. Based on the adjustment, SOL and UNI fund components accounted for 3.24% and 1.06%, respectively, while Grayscale Litcoin (LTC) and Bitcoin Cash (BCH) holdings continued to decline.
After the previous quarterly restructuring, Grescale’s portfolio included 4.26% of Cardano’s ADA, the third largest asset of the Digital Large Cap Fund. However, the latest adjustment means that the ADA now represents 5.11% of the fund.
Bitcoin (BTC) and Ether (ETH) continue to own the lion’s share of the GDLC crypto basket at 62.19% and 26.08%, respectively. ChannelLink’s LINK Token, Bitcoin Cash and Lightcoin together represent 2.32% of the GDLC basket, down from 2.88% in July.
Grayscale did not make quarterly adjustments to its DFI funds, which are currently affected by 45.20% by UNI and 14.11% by AAVE.
Related: Morgan Stanley doubles Bitcoin exposure through grayscale shares
Grayscale’s products continue to gain mainstream attention, with financial giants like Morgan Stanley more than doubling their investment in Grayscale’s single asset, the Grayscale Bitcoin Trust.
As Cointelegraph previously reported, Morgan Stanley has invested a total of 58,116 shares of the Grayscale Bitcoin Trust through its Europe Opportunity Fund through July, indicating a 105% increase in shares since April.
The firm move towards aggressive crypto investing aims to provide investors exposure to bitcoin following a recent announcement from March 2021.