{"id":347341,"date":"2021-10-02T10:15:09","date_gmt":"2021-10-02T07:15:09","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/grayscale-adds-sol-and-uni-to-digital-large-cap-fund-portfolio\/"},"modified":"2021-10-02T10:15:09","modified_gmt":"2021-10-02T07:15:09","slug":"grayscale-adds-sol-and-uni-to-digital-large-cap-fund-portfolio","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/grayscale-adds-sol-and-uni-to-digital-large-cap-fund-portfolio\/","title":{"rendered":"# Grayscale adds SOL and UNI to Digital Large Cap Fund portfolio"},"content":{"rendered":"

“# Grayscale adds SOL and UNI to Digital Large Cap Fund portfolio <\/strong>”
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Grayscale Investments, a New-York based crypto asset manager, includes Solana (SOL) and Uniswap (UNI) after rebalancing its basket of Grayscale Digital Large Cap Fund (GDLC) portfolio.\u00a0<\/p>\n

The quarterly rebalancing of GDLC is done by selling existing components of the portfolio for cash and procuring performant crypto assets. Based on the adjustment<\/a>, Solana and Uniswap make 3.24% and 1.06% of the Fund components respectively while Grayscale continues to cut down on Litecoin (LTC) and Bitcoin Cash (BCH) holdings.<\/p>\n

In the previous quarterly rebalancing, Grayscale\u2019s portfolio had included 4.26% of Cardano’s ADA, making it the third-largest asset in the Large Cap Fund. However, the latest adjustment makes ADA represent 5.11% of the fund. <\/p>\n

Bitcoin (BTC) and Ethereum (ETH) continue to own a lion\u2019s share of the GDLC crypto basket, at 62.19% and 26.08% respectively. Chanlink (LINK), Bitcoin Cash and Litecoin together represent 2.32% of the GDLC basket, which is down<\/a> from 2.88% in July 2021. <\/p>\n

Grayscale has not made quarterly adjustments to its DeFi Fund, which is currently dominated by Uniswap at 45.20% and Aave (AAVE) at 14.11%.<\/p>\n

Related: <\/strong>Morgan Stanley doubles exposure to Bitcoin through Grayscale shares<\/em><\/strong><\/p>\n

Grayscale’s products continue to gain mainstream attention as financial giants such as Morgan Stanley more than doubled their investment on Grayscale\u2019s single asset offering, Bitcoin Trust. <\/p>\n

According to a Cointelegraph report, Morgan Stanley invested in a total of 58,116 shares of the Grayscale Bitcoin Trust as of July 2021 via its Europe Opportunity Fund, indicating a 105% increase in shares since April. <\/p>\n

The firm\u2019s move toward aggressive crypto investments follows a recent announcement from March 2021 that aimed at providing investors with exposure to Bitcoin.<\/p>\n