Cryptocurrency asset management giant Grayscale recently updated the allocations and weights of its four funds, adding SUI, CRV, ADA, and LPT tokens, while removing SNX and AVAX.
With the arrival of altcoin season, Grayscale, as a veteran crypto asset management company, has adjusted the allocations of its four main funds, attracting widespread attention from the community. This adjustment may indicate that leading tokens are gaining recognition from institutional players across multiple sectors, reflecting changes in trends.
According to Grayscale's latest announcement (on the 9th), the company has adjusted the components and weights of the Decentralized AI fund, the Decentralized Finance (DeFi) fund 'DEFG', the Digital Large Cap Fund (high market cap) 'GDLC', and the Smart Contract Platform Ex-Ethereum fund 'GSCPxE'.
The decentralized AI fund added LPT.
In the decentralized AI fund, Livepeer (LPT) has been added as a new component. The fund now includes the following assets: NEAR, RENDER, TAO, FIL, GRT, and LPT, sorted by weight.
Livepeer (LPT) is a decentralized video streaming platform built on Ethereum, relying on decentralized network nodes instead of centralized servers. Anyone can become a node 'Orchestrator' on the platform, responsible for video transcoding and broadcasting tasks.
As of now, the price of LPT is $13.96, with a market cap exceeding $500 million, ranking 188th. The token has seen a growth rate of up to 97.4% over the past year.
The DeFi fund added CRV and removed SNX.
Grayscale's Decentralized Finance (DeFi) fund 'DEFG' recently underwent adjustments, adding the Curve (CRV) token and removing Synthetix (SNX). Currently, the DeFi fund includes the following assets: UNI, AAVE, LDO, MKR, and CRV, arranged by weight.
Curve (CRV) is a well-known stablecoin exchange protocol and decentralized exchange, whose innovative liquidity pool design is widely used in stablecoin trading. The current price of CRV is $0.8486, with a market capitalization exceeding $1 billion, ranking 113th, and a growth rate of 57.5% over the past year.
Synthetix (SNX) is a synthetic asset issuance protocol based on Ethereum, allowing users to trade various synthetic assets, including commodities, currencies, and stocks. The current price of SNX is approximately $1.85, with a market cap declining, down 44.1% over the past year.
The GDLC fund added ADA and removed AVAX.
Grayscale's Digital Large Cap Fund (GDLC) recently underwent adjustments, adding Cardano (ADA) and removing Avalanche's token (AVAX). Currently, the GDLC fund includes the following assets: BTC, ETH, SOL, XRP, and ADA, sorted by weight.
Cardano (ADA) is the 9th largest cryptocurrency with a market cap exceeding $33.6 billion, currently priced at $0.9384, with a 75.8% increase over the past year.
Avalanche (AVAX) is a high-performance public chain, with its token AVAX currently priced at $37.11 and a market cap of about $15.2 billion, ranking 12th. Although AVAX has slightly decreased by 1.1% over the past year, it still maintains a strong market position.
The GSCPxE fund component added SUI.
Grayscale's Smart Contract Platform Ex-Ethereum fund (GSCPxE) recently underwent component adjustments, adding the SUI token. Currently, the fund includes the following assets: SOL, ADA, AVAX, SUI, NEAR, and DOT, sorted by weight.
SUI is a high-performance public chain based on the Move programming language, recently showing strong performance with over 466% growth in the past year. Currently, SUI is priced at approximately $4.79, with a market cap exceeding $14.4 billion, ranking it as the 13th largest cryptocurrency.
