Grayscale Adjusts Cryptocurrency Fund Composition

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AI Summary

Grayscale's cryptocurrency fund adjustment, increasing Bitcoin and Ethereum allocations to 90%, reflects market shifts and anticipates future dominance of these assets.

According to Odaily, Grayscale has restructured its cryptocurrency large-cap fund, increasing the allocation of Bitcoin and Ethereum to 90%. The remaining portion of the fund now includes XRP, SOL, and ADA. Additionally, Grayscale has removed AVAX from its digital large-cap fund. This adjustment was made in response to fluctuations in the CoinDesk Large Cap Select Index.

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BTC

92,910.09

-2.39%

ETH

3,227.87

-3.75%

XRP

2.2663

-4.77%

Grayscale Adjusts Cryptocurrency Fund Composition

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