Grayscale Investments Adds Avalanche, Polkadot, Cosmos to its funds while Removing SushiSwap and Synthetix

Grayscale Investment, the world’s largest digital currency asset manager, today announced the updated Fund Component weightings for each product in connection with their respective first quarter 2022 reviews.

Grayscale Digital Large Cap Fund’s portfolio

In accordance with the construction criteria, Grayscale has adjusted the Digital Large Cap Fund’s portfolio by selling certain amounts of the existing Fund Components in proportion to their respective weightings and using the cash proceeds to purchase Avalanche (AVAX) and Polkadot (DOT). No tokens were removed from the Grayscale Digital Large Cap Fund.

At the end of the day on April 5, 2022, the Digital Large Cap Fund’s Fund Components were a basket of the following assets and weightings.

• Bitcoin (BTC), 60.07%
• Ethereum (ETH), 28.57%
• Solana (SOL), 3.06%
• Cardano (ADA), 2.74%
• Avalanche (AVAX), 1.77%
• Polkadot (DOT), 1.56%
• Litecoin (LTC), 0.62%
• Chainlink (LINK), 0.57%
• Uniswap (UNI), 0.55%
• Bitcoin Cash (BCH), 0.49%

Grayscale DeFi Fund’s portfolio

In accordance with the CoinDesk DeFi Index methodology, Grayscale has adjusted the DeFi Fund’s portfolio by selling certain amounts of the existing Fund Components in proportion to their respective weightings. As a result of the rebalancing, SushiSwap (SUSHI) and Synthetix (SNX) have been removed from the CoinDesk DeFi Index and the DeFi Fund. No new tokens were added to the DeFi Fund.

At the end of the day on April 5, 2022, the DeFi Fund’s Fund Components were a basket of the following assets and weightings.

• Uniswap (UNI), 42.34%
• Curve (CRV), 17.56%
• Aave (AAVE), 13.27%
• Amp (AMP), 9.58%
• MakerDAO (MKR), 8.32%
• Compound (COMP), 5.86%
• Yearn Finance (YFI), 3.07%

Grayscale GSCPxE Fund’s portfolio

In accordance with the CoinDesk Smart Contract Platform Select Ex ETH Index methodology, Grayscale has adjusted the GSCPxE Fund’s portfolio by selling certain amounts of the existing Fund Components in proportion to their respective weightings and using the cash proceeds to purchase Cosmos (ATOM). No tokens were removed from the GSCPxE Fund.

At the end of the day on April 5, 2022, the GSCPxE Fund’s Fund Components were a basket of the following assets and weightings.

• Solana (SOL), 26.47%
• Cardano (ADA), 25.12%
• Avalanche (AVAX), 14.95%
• Polkadot (DOT), 13.95%
• Polygon (MATIC), 7.54%
• Cosmos (ATOM), 5.23%
• Stellar (XLM), 3.43%
• Algorand (ALGO), 3.31%

Neither the Digital Large Cap Fund, the DeFi Fund, nor the GSCPxE Fund generates any income, and all regularly distribute Fund Components to pay for ongoing expenses. Therefore, the amount of Fund Components represented by shares of each fund gradually decreases over time.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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