According to PANews, Grayscale has removed Cardano tokens from its Grayscale Digital Large Cap Fund and Cosmos tokens from its Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE). The announcement was made on April 4th, stating that the token removal is part of its quarterly fund rebalancing. The proceeds from the sale of the tokens were used to purchase existing fund components.
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. As for Grayscale's smart contract platform fund, after removing ATOM from the fund, it now holds 58.41% SOL tokens, 14.56% ADA tokens, 12.25% AVAX tokens, 8.53% DOT tokens, and 6.25% MATIC tokens.
Grayscale's DeFi fund has not added or removed any new assets. The fund currently holds 48.74% UNI tokens, 20.41% MKR tokens, 13.17% LDO tokens, 9.99% AAVE tokens, and 7.69% SNX tokens.
