According to PANews, Grayscale has removed Cardano tokens from its Grayscale Digital Large Cap Composite Fund and Cosmos tokens from its Smart Contract Platform Ex-Ethereum Fund (GSCPxE). Grayscale said in an announcement on April 4 that the token removal was part of its quarterly fund rebalancing, and the proceeds from the sale of tokens were 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. Grayscale’s Smart Contract Platform Fund, after removing ATOM from the fund, now holds 58.41% SOL tokens, 14.56% ADA tokens, 12.25% AVAX tokens, 8.53% DOT tokens, and 6.25% MATIC tokens.