Grayscale adds Solana and Uniswap to Digital Large Cap Fund

Tuesday 5 October 2021 09:45 CET | News

US-based digital asset manager Grayscale has announced the inclusion of Solana (SOL) and Uniswap (UNI) in its main investment vehicle for the Digital Large Cap Fund.

To add the two cryptocurrencies to the Digital Large Cap Fund's portfolio, Grayscale sold amounts from existing fund components and used the money to buy Solana and Uniswap. With SOL and UNI, which are part of the Digital Large Cap Fund, the basket of supported crypto investments comprised a total of 8 cryptocurrencies.

Bitcoin was still the largest weight at 62.19%, while Ethereum (ETH) made up 26.08% and Cardano (ADA) made up 5.11%. Solana (SOL), which was added to a grayscale investment vehicle for the first time, is the fourth largest stock at 3.24%. Uniswap (UNI) made up 1.06% of the portfolio, while Chainlink (LINK) with 0.82%, Litecoin (LTC) with 0.77% and Bitcoin Cash (BCH) with 0.73% completed the portfolio.

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Keywords: product upgrade, cryptocurrency, Bitcoin, crypto asset
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: United States
This article is part of category

Blockchain & Cryptocurrencies