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Grayscale Updates Fund Composition; Adds SUI, CRV, LPT

source-logo  cryptonewsz.com  + 6 more 09 January 2025 02:14, UTC
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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.

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.

cryptonewsz.com

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