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Grayscale Investment Increasing Weights Of BTC And ETH In Its DLC

Tracy CHEN

Summary: Crypto asset management firm Grayscale Investment is increasing the weights of Bitcoin and Ethereum in its digital large-cap fund (DLC) product at the expense of XRP, Bitcoin Cash, and Litecoin.In a series of tweets, Grayscale illustrates the new composition. The world's leading crypto asset manager reveals that between March 31st to June 30th, it tweaked ...

Crypto asset management firm Grayscale Investment is increasing the weights of Bitcoin and Ethereum in its digital large-cap fund (DLC) product at the expense of XRP, Bitcoin Cash, and Litecoin.
In a series of tweets, Grayscale illustrates the new composition. The world's leading crypto asset manager reveals that between March 31st to June 30th, it tweaked its DLC holdings and added 0.5% weight in BTC and 2.1% weight in Ethereum. Meanwhile, the investment firm decreased the shares of XRP by 1.4%, Bitcoin Cash by 0.8%, and Litecoin by 0.6% over the same period. 
The firm's net assets under management (AUM) in its digital large-cap fund stands at $33 million.

Tracy Chen

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