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Grayscale Shuffles Mixed Crypto Funds: Adds AVAX, DOT, ATOM; Drops SUSHI, SNX
The asset manager announced changes to a trio of diversified crypto funds.
By Zack Seward
Updated May 11, 2023, 4:10 p.m. Published Apr 6, 2022, 8:35 p.m.
Grayscale Investments, which shares a parent company with CoinDesk, announced Wednesday the quarterly rebalancing of its diversified crypto funds.
- Crypto traders large and small look to the regular reshufflings for intel on which coins are popping onto the radar of one of the industry's largest asset management firms.
- For the Grayscale Digital Large Cap Fund, the firm added Avalanche (AVAX) and Polkadot (DOT) to the mix without removing any assets.
- For the Grayscale DeFi Fund, SushiSwap (SUSHI) and Synthetix (SNX) were removed. No new tokens were added.
- For the newly launched Grayscale Smart Contract Platform Ex-Ethereum Fund, Cosmos (ATOM) was added to the fold. No tokens were kicked to the curb.
Read more: Crypto Trading Firm Wintermute Launches Zero-Fee OTC Platform
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