NEW YORK, April 06, 2022 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest digital currency asset manager, and manager of Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (Digital Large Cap Fund), Grayscale® DeFi Fund (DeFi Fund), and Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), today announced the updated Fund Component weightings for each product in connection with their respective first quarter 2022 reviews.
In accordance with the construction criteria, Grayscale has adjusted the Digital Large Cap Fund’s portfolio by selling certain amounts of the existing Fund Components in proportion to their respective weightings, and using the cash proceeds to purchase Avalanche (AVAX) and Polkadot (DOT). No tokens were removed from the Grayscale Digital Large Cap Fund.
At the end of the day on April 5, 2022, the Digital Large Cap Fund’s Fund Components were a basket of the following assets and weightings.
- Bitcoin (BTC), 60.07%
- Ethereum (ETH), 28.57%
- Solana (SOL), 3.06%
- Cardano (ADA), 2.74%
- Avalanche (AVAX), 1.77%
- Polkadot (DOT), 1.56%
- Litecoin (LTC), 0.62%
- Chainlink (LINK), 0.57%
- Uniswap (UNI), 0.55%
- Bitcoin Cash (BCH), 0.49%
In accordance with the CoinDesk DeFi Index methodology, Grayscale has adjusted the DeFi Fund’s portfolio by selling certain amounts of the existing Fund Components in proportion to their respective weightings. As a result of the rebalancing, SushiSwap (SUSHI) and Synthetix (SNX) have been removed from the CoinDesk DeFi Index and the DeFi Fund. No new tokens were added to the DeFi Fund.
At the end of the day on April 5, 2022, the DeFi Fund’s Fund Components were a basket of the following assets and weightings.
- Uniswap (UNI), 42.34%
- Curve (CRV), 17.56%
- Aave (AAVE), 13.27%
- Amp (AMP), 9.58%
- MakerDAO (MKR), 8.32%
- Compound (COMP), 5.86%
- Yearn Finance (YFI), 3.07%
In accordance with the CoinDesk Smart Contract Platform Select Ex ETH Index methodology, Grayscale has adjusted the GSCPxE Fund’s portfolio by…
