We just announced the updated fund component weightings for Grayscale Digital Large Cap Fund, which now includes #Solana ($SOL) and #Uniswap ($UNI). This is the first time SOL will be included in a Grayscale investment vehicle. Read this thread for more. (1/5)
In accordance with its construction criteria, we adjusted Grayscale Digital Large Cap Fund’s portfolio by selling certain amounts of the existing components in proportion to their respective weightings and used the cash proceeds to purchase Solana and Uniswap. (2/5)
$SOL is the native token of the @Solana network, a smart contract platform first conceived by Anatoly Yakovenko in 2017. Like the Ethereum network, the Solana network is one of a number of projects intended to expand blockchain use beyond just a peer-to-peer money system. (3/5)
$UNI is the native token of the @Uniswap network, which enables trading of digital assets without a central order book by aggregating digital asset trading pairs using smart contracts. (4/5)
Today, we announced the quarterly rebalancing of funds for both Grayscale Digital Large Cap Fund and Grayscale #DeFi Fund. What does this mean? Read this thread for more. 👇 (1/4)
At the end of the day today, Grayscale Digital Large Cap Fund’s fund components were a basket of the following assets and weightings: $BTC, 62.19% // $ETH, 26.08% // $ADA, 5.11% // $SOL, 3.24% // $UNI, 1.06% // $LINK, 0.82% // $LTC, 0.77% // $BCH, 0.73%. (2/4)
At the end of the day today, Grayscale #DeFi Fund’s fund components were a basket of the following assets and weightings: $UNI, 45.20% // $AAVE, 14.11% // $MKR, 7.84% // $SUSHI, 7.18% // $COMP, 6.73% // $SNX, 6.29% // $YFI, 3.92% // $CRV, 3.53% // $BNT, 3.04% // $UMA, 2.16% (3/4)