Grayscale Investments Clears Out XRP in Its Digital Large Cap Fund
Grayscale has sold all of its XRP holdings to purchase bitcoin, ether, and other crypto assets. In an announcement made earlier today, Grayscale made it known that the firm has sold all of its XRP tokens from the Digital Large Cap Fund. Grayscale Sells Off All XRP Holdings There appears to be more gloom for XRP as Grayscale Investment announced that it had sold off all XRP tokens it was holding in its Digital Large Cap Fund. This news comes days after a report emerged that Grayscale had purchased a large number of XRP tokens at a much lower price. According to data from Cryptowhale, the....
Related News
Cardano has been added to Grayscale Investments’ large-cap cryptocurrency fund. It is now the third-largest component of the fund after bitcoin and ether. Grayscale Investments, the world’s largest digital currency asset manager, announced Friday the addition of cardano to its Digital Large Cap Fund (OTCQX: GDLC). Grayscale described this fund as “a passive, rules-based strategy that seeks to provide exposure to 70% of the digital asset market.” The announcement followed a quarterly review and rebalancing of the fund. The company explained: In accordance with the....
Grayscale Investments has added solana and uniswap to its large-cap investment fund. This is the first time solana has been added to a Grayscale fund. The company now offers 15 funds, two of which are diversified portfolios.
Solana and Uniswap Added to Grayscale Fund
Grayscale Investments, the world’s largest digital currency asset manager, announced Friday the quarterly rebalancing of its two diversified portfolios: the large-cap fund and the defi (decentralized finance) fund.
For the Grayscale Digital Large Cap Fund (OTCQX: GDLC), the company sold some of the....
Grayscale has just added Cardano to its Digital Large Cap Fund. The top asset management firm announced its quarterly rebalancing that brought up Cardano to be the third-largest holdings of the company. Welcome aboard, #Cardano. We have adjusted the portfolio of Grayscale Digital Large Cap Fund to now include $ADA. — Grayscale (@Grayscale) July 2, […]
Earlier this week, cryptocurrency asset manager Grayscale Investments announced that it had added Cardano (ADA) to its digital large cap fund (GDLC) — marking the crypto project as the fund’s third largest component. Cardano is a decentralized proof-of-stake smart contract platform headed by Charles Hoskinson, one of the co-founders of Ethereum. Despite having no working […]
Grayscale Investments now has three SEC reporting funds, with the newest addition being the Digital Large Cap Fund. The company has also filed to make three other funds SEC reporting companies. Grayscale Investments, the world’s largest crypto asset manager, made two announcements Monday. The first was that the registration statement on Form 10 filed with the U.S. Securities and Exchange Commission (SEC) for the Digital Large Cap Fund (OTCQX: GDLC) has become effective. The fund is, therefore, an SEC reporting company, the company confirmed, elaborating: The fund is....