cardano over time has become the spotlight of big players. This rise in popularity is due to Grayscale finding a new way for institutional investors to gain exposure to Cardano.
on Tuesday 24 October grayscale Investment announced that it was bringing five new crypto indexes to the market. These five indexes allow institutional investors to gain some exposure to assets in the industry without having to go through the hassle of buying actual coins.
Of the five indexes announced, Cardano is one of the smart contract platforms currently being explored. clearly this adds to the existing exposure for institutional investors through grayscale Investments via the 'grayscale smart contract platform EX-Ethereum fund'. This fund has seen Cardano maintain a dominance of 24% something that will likely be replicated in the latest indices #cryptonews #cardano #cryptocurrency