With the arrival of altcoin season, the established cryptocurrency asset management company Grayscale has recently updated the configuration and weights of its four funds, adding SUI, CRV, ADA, and LPT, which has attracted community attention as it may represent a trend change behind leading tokens recognized by institutional players in different sectors.
According to Grayscale's announcement today (the 9th), Grayscale 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' in Q4 of last year.
The decentralized AI fund has added LPT to its components.
Grayscale's decentralized AI fund currently includes the following assets: NEAR, RENDER, TAO, FIL, GRT, and LPT (weighted from high to low).
Livepeer (LPT) is a decentralized audio and video streaming network based on Ethereum, which does not rely on centralized servers. Anyone can become an Orchestrator in the platform's node network and complete video transcoding and broadcasting tasks on the network.
LPT is currently reported at $13.96, with a market cap surpassing $500 million, ranking 188th. This token has seen an increase of up to 97.4% in the past year.
The DeFi fund added CRV and removed SNX.
Grayscale's DeFi fund 'DEFG' currently includes the following assets: UNI, AAVE, LDO, MKR, and CRV (weighted from high to low).
Curve (CRV) is a well-known stablecoin exchange protocol and decentralized exchange; CRV is currently reported at $0.8486, with a market cap exceeding $1 billion, making it the 113th largest token, having risen 57.5% in the past year.
Synthetix (SNX) is a synthetic asset issuance protocol built on Ethereum, currently priced around $1.85, down 44.1% in the past year.
The GDLC fund added ADA and removed AVAX.
The current Grayscale GDLC fund includes the following assets: BTC, ETH, SOL, XRP, and ADA (weighted from high to low).
The 9th largest cryptocurrency, Cardano (ADA), with a market cap exceeding $33.6 billion, is currently priced at $0.9384, having surged 75.8% in the past year.
The token AVAX of the public chain Avalanche is currently priced at $37.11, with a market cap of about $15.2 billion, ranking 12th, having slightly decreased by 1.1% in the past year.
The GSCPxE fund component has added SUI.
Grayscale's GSCPxE fund currently covers the following assets: SOL, ADA, AVAX, SUI, NEAR, and DOT (weighted from high to low).
The move of the public chain SUI has been remarkable this year, surging over 466% in the past year, with the current price around $4.79 and a market cap exceeding $14.4 billion, ranking as the 13th largest cryptocurrency.
