Grayscale has made significant changes to its cryptocurrency funds, removing Cardano ($ADA) and Polygon ($MATIC) from its Digital Large Cap Fund, while also excluding Cosmos ($ATOM) from its Smart Contract Platform. The Large Cap Fund now focuses on Bitcoin ($BTC) and Ethereum ($ETH), with additions of Avalanche ($AVAX) and XRP to the portfolio. Additionally, Grayscale has launched a new staking fund (GDIF) that includes various cryptocurrencies.
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#Grayscale Investments has removed #cardano from its digital large-cap fund. The fund now holds #bitcoin, #ethereum, #solana, $XRP, and avalanche. https://t.co/8HVa9BtUwa
#Grayscale Removes #Cardano From Its Large Cap Fund https://t.co/8HVa9BtUwa
UPDATE: Grayscale shakes up ITS portfolio, and removes Cardano's ADA and Cosmos tokens in quarterly rebalancing. More details…↓ $ADA $ATOM #CryptoNews (By: @ComposableD) https://t.co/CwgezUW3Mc
Grayscale drops $ADA and $ATOM from investment portfolio offerings 🤔 Do you hold either?⬇️ Full story below👇 https://t.co/p9sKD3NcqC https://t.co/VltgXn0MoQ
Grayscale Removes Cardano and Cosmos Tokens from Its Funds. After the removal of ADA tokens, Grayscale's large cap fund now consists of 70.96% Bitcoin, 21.84% Ethereum, 4.52% SOL, 1.73% XRP, and 0.95% AVAX.
It appears there are in fact people who use Cardano https://t.co/3bjVcrWF3Y
.@Grayscale has adjusted its cryptocurrency funds, excluding $ADA from its Digital Large Cap Fund and $ATOM from its Smart Contract Platform. https://t.co/eZFEorRQyD https://t.co/KBk7JS9TVC
Breaking: @Grayscale has removed #Cardano $ADA and Polygon $MATIC from its Digital Large Cap Fund $GDLC 👀 NOTE: They added $AVAX and $XRP to the portfolio. *They also removed #Cosmos $ATOM from their Smart Contract Platform Ex-Ethereum Fund $GSCPxE and removed $CRV from their… https://t.co/3dRiJlXnHB
Breaking: Grayscale has removed Cardano $ADA and Polygon $MATIC from its Digital Large Cap Fund $GDLC 👀 NOTE: They added $AVAX and $XRP to the portfolio. *They also removed Cosmos $ATOM from their Smart Contract Platform Ex-Ethereum Fund $GSCPxE and removed $CRV from their… https://t.co/oMd0alcVTu
Grayscale recently launched a new staking fund (GDIF). We are proud to share that our Staking Data API is providing the necessary data to make this product possible. The fund includes $OSMO, $SOL, $APT, $DOT, $SEI, $NEAR, $TIA, $CBETH & $ATOM https://t.co/OR3pApMroU
🚨 #Grayscale has adjusted its cryptocurrency funds, excluding $ADA from its Digital Large Cap Fund and $ATOM from its Smart Contract Platform. The Large Cap Fund now primarily comprises $BTC and $ETH, while the Smart Contract Platform Fund has increased allocations in other… https://t.co/J2Yla9LjSg
GRAYSCALE DROPS CARDANO - IS THIS THE END FOR $ADA? - A sweetheart of last cycle’s bull market, the $ADA token reached a peak market cap of around $95 billion in September 2021. - However, since then @Cardano has fallen out of favor with the cryptocurrency community, still… https://t.co/I77oMJ0z7b https://t.co/xlYDk5JSvM
UPDATE: GRAYSCALE DROPPED CARDANO $ADA FROM ITS DIGITAL LARGE-CAP FUND
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Every quarter we rebalance and update the components of our three multi-asset funds, Grayscale Digital Large Cap Fund, Grayscale DeFi Fund, and Grayscale Smart Contract Platform Ex-Ethereum Fund. Read on for our Q2 updates! 🧵(1/6)
Cardano NFT volume: 315.3k ADA (up by 57.86%) 📈