Grayscale Company has removed Cardano and Cosmos tokens from its two major funds
Grayscale has removed Cardano tokens from its Grayscale Large Cap Digital Fund and Cosmos tokens from the Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE). In an announcement on April 4, Grayscale stated that this token removal is part of its quarterly fund rebalancing, with proceeds from the sale of tokens used to purchase existing fund components.
After removing 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. After removing ATOM from the smart contract platform fund, it now holds 58.41% SOL tokens,14.56% ADA tokens ,12.25 % AVAX tokens ,8 .53 % DOT Tokens and6 .25 % MATIC Tokens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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