Cardano

Polkadot

Polygon

Avalanche

<ul>
 <li>Grayscale announced modifications to GDLC, DEFG, and GSCPxE Fund.</li>
 <li>Market developments, indices, and other variables are considered while rebalancing.</li>
</ul>
In light of evaluations conducted in the second quarter of 2024, crypto asset manager Grayscale Investments has revealed revised component weightings of crypto assets within its primary funds.
Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), Grayscale Digital Large Cap Fund (GDLC), and Grayscale DeFi Fund (DEFG) are the primary funds. In an effort to restore equity to the GSCPxE Fund, <a href="https://thenewscrypto.com/can-polygon-matic-rebound-amid-losing-its-top-20-spot/" target="_blank" rel="noopener noreferrer nofollow">Polygon</a> (MATIC) has been removed.
<h3 class="wp-block-heading" id="h-cautious-evaluations">Cautious Evaluations</h3>
<a href="https://thenewscrypto.com/grayscale-ethereum-trust-trades-at-premium-ahead-of-potential-spot-ether-etfs/" target="_blank" rel="noopener noreferrer nofollow">Grayscale</a> announced modifications to GDLC, DEFG, and GSCPxE Fund after cautious evaluations of crypto asset performance in the second quarter. Market developments, indices, and other variables are considered while rebalancing the components and weightings every three months.
Grayscale Digital Large Cap Fund (GDLC) did not add or withdraw any tokens, as stated in the most recent press release. Ethereum (23.51%), Solana (3.86%), XRP (1.54%), and Avalanche (0.63%) make up the components. Bitcoin accounts for 70.46% of the total.
It was previously announced that XRP and AVAX were added for Polygon (MATIC) in January. In addition, GDLC delisted Cardano (ADA) in April. In the meantime, there was no change to the Grayscale DeFi Fund (DEFG) components. Aave (10.58%), Synthetix (5.05%), Uniswap (53.75%), MakerDAO (17.94%) and Lido (12.68%), have all had recent weight changes.
Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund) also sold and removed Polygon (MATIC). Newly adjusted fund weightings are in accordance with the CoinDesk Smart Contract Platform Select ex ETH Index. Solana (65.80%), Cardano (14.67%), Avalanche (10.70%), and Polkadot (8.83%) make up the asset basket and weightings.
Due to its inclusion among cryptocurrency assets that the US Securities and Exchange Commission (<a href="http://sec.gov" target="_blank" rel="noopener noreferrer nofollow">SEC</a>) views as securities, Polygon (MATIC) has fallen to the twenty-first rank in terms of market cap as per <a href="http://coinmarketcap.com" target="_blank" rel="noopener noreferrer nofollow">CMC</a>.
Highlighted Crypto News Today:
<a href="https://thenewscrypto.com/bitcoin-signals-recovery-despite-analyst-caution/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Signals Recovery Despite Analyst Caution</a>

Grayscale Revises Crypto Fund Components, Polygon (MATIC) Removed

Mục lục

TheNewsCrypto

Các bài viết khác được xuất bản trên 6 thg 7, 2024

WadzPay’s Latest Project Update Fuels Optimism, Will WTK Reach $1 by December?

Exploring 4 Tokens with Potential to Mirror Solana (SOL)'s Success

Unexpected Altcoins to Diversify Your Portfolio

SBF Family Linked To $100m FTX Scandal, Legal Trouble Looms

Nigeria’s AI and Blockchain Research Centre to Spearhead Artificial Intelligence Development in A...

Satoshi-Era Bitcoin Wallet Shows 7,634% Bitcoin Profit, Awakening After 10.6 Years

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!