Grayscale GDLC fund currently features SOL and UNI at 3.24% and 1.06%, respectively. Of course, that’s after reducing LTC and BCH holdings.
Additionally, Grayscale Investments is a New-York based crypto asset custodian. The firm now includes Solana’s SOL and Uniswap’s UNI tokens in its Digital Large Cap Fund (GDLC) portfolio.
Furthermore, The particular quarterly rebalancing of GDLC is through selling existing components of the portfolio. Either for cash and obtain a well-performing crypto assets. As per the records, SOL and UNI makes up 3.24% and 1.06% of the fund’s components, respectively.
Meanwhile, Grayscale continues to reduce its Litecoin (LTC) and Bitcoin Cash (BCH) holdings.
Formerly, Grayscale’s portfolio includes 4.26% of Cardano’s ADA.
Thereby, making it the third-largest asset in the Digital Large Cap Fund. Furthermore, the latest adjustment shows that ADA now amounts to 5.11% of the fund.
More so, Bitcoin (BTC) and Ether (ETH) occupies the largest share of the GDLC crypto hold. For instance, BTC and ETH amounts to 62.19% and 26.08%, respectively.
Also, Chainlink’s LINK token, Bitcoin Cash and Litecoin generally represents 2.32% of the GDLC hold, However, this shows a decline from July’s 2.88%.
Grayscale and DeFi
Additionally, Grayscale still maintains its DeFi Fund holdings, representing a dominant size with UNI at 45.20% and AAVE at 14.11%.
Lately, Grayscale’s products holdings continues to grow month in month out. Also, Morgan Stanley doubling their investment on Grayscale’s single asset Grayscale Bitcoin Trust.
Conclusively, Morgan Stanley made investment totaling 58,116 shares of Grayscale Bitcoin Trust in July. As this is through its Europe Opportunity Fund, amounting to 105% increase in shares since April.