Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Grayscale Updates Fund Composition; Adds SUI, CRV, LPT

Grayscale Updates Fund Composition; Adds SUI, CRV, LPT

CryptoNewsNetCryptoNewsNet2025/01/09 02:55
By:cryptonewsz.com

The crypto-focused asset management firm Grayscale has announced the latest fund composition weights for its products, including altcoins such as SUI, CRV, and LPT. Grayscale has also updated its list of asset holdings on tis website.

Grayscale Adds SUI, CRV to Funds Composition

As of 1/6/2025, GSCPxE’s Fund Components were a basket of the following assets and weightings.
As a result of the rebalancing, Sui $SUI has been added.$SOL $ADA $AVAX $SUI $NEAR $DOT
Important disclosures: https://t.co/kxdodVbS4S pic.twitter.com/qsmHbPG4ED

— Grayscale (@Grayscale) January 8, 2025

In an X post shared today, Grayscale revealed that the fund composition of its Decentralized AI Fund now includes LPT, NEAR, RENDER, TAO, FIL, GRT, and LPT. Meanwhile, the fund composition of Grayscale’s DeFi Fund (DEFG) has added CRV and removed SNX. The other digital assets in the DEFG fund include UNI, AAVE, LDO, MKR, and CRV.

Grayscale’s Digital Large Cap Fund (GDLC) has incorporated ADA while removing AVAX. The category now comprises BTC, ETH, SOL, XRP, and ADA. Additionally, Grayscale’s Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund) has added SUI to its existing GDLC fund assets, which include SOL, ADA, AVAX, SUI, NEAR, and DOT.

Grayscale Updates Assets Holdings

As of January 8, 2025, Grayscale’s assets per share include cryptocurrencies such as Solana, with 0.04545164 SOL accounting for 56.48% of the total share, down from 59.9% on November 29, 2024.

Grayscale Updates Fund Composition; Adds SUI, CRV, LPT image 0
Courtesy: Grayscale’s website

Cardano (ADA) accounts for 3.38945796 per share, followed by Avalanche (AVAX) at 0.03883785, SUI and NEAR at 0.27558426 each, and Polkadot (DOT) at 0.06140501. The slight decline in SOL’s weight reflects the broader crypto market’s slight dip in December, following stronger returns earlier in 2024.

Grayscale currently boasts an asset management total of $4,852,415.65. In a recent report, the firm expressed optimism about the crypto market benefiting from regulatory changes and new legislation under the incoming US administration. Additionally, the company highlighted several DeFi-related assets as promising opportunities in the 2025 market.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Cathie Wood to lead El Salvador’s AI education program

Share link:In this post: Cathie Wood will give an introductory lecture to El Salvador’s CUBO AI program. El Salvador is rapidly emerging as a regional tech hub, drawing top industry leaders and foreign investment in both AI and crypto. The country’s new AI law promotes open-source development, aiming to attract researchers, developers, and businesses seeking regulatory clarity.

Cryptopolitan2025/03/24 13:11

Unwavering Bitcoin Holders Stay Put: What this Means for BTC’s Future

Exploring the Impact: The Standoff Between Long-Term Bitcoin Holders and Short-Term Sellers

Coineagle2025/03/24 11:11
Unwavering Bitcoin Holders Stay Put: What this Means for BTC’s Future

Bitcoin Gains as Ethereum ETFs Lose $760M: What’s Causing the Investor Alarm?

Exploring the Shift in Investor Sentiment and Strategies Amid Surging Bitcoin Popularity and Ethereum ETFs Divestment

Coineagle2025/03/24 11:11
Bitcoin Gains as Ethereum ETFs Lose $760M: What’s Causing the Investor Alarm?