Grayscale

Grayscale Revises Funds Following Q4 2024 Review

Grayscale Investments, a major asset management firm specializing in cryptocurrency, recently updated its multi-asset funds following a review of Q4 2024. These updates affect several important funds, including those centered on AI, DeFi, and smart contract platforms.

These changes matter because many investors rely on Grayscale’s funds as a reference when creating their own investment portfolios.

Grayscale

Grayscale Adds Livepeer (LPT) to Decentralized AI Fund

Grayscale recently announced a major update to its Decentralized AI Fund. The company sold some of its existing assets to include Livepeer (LPT) in the portfolio. The updated fund allocation is as follows:

  • Livepeer (LPT): 2.83%
  • The Graph (GRT): 10.45%
  • Filecoin (FIL): 17.18%
  • Bittensor (TAO): 19.03%
  • Render (RENDER): 20.58%
  • NEAR Protocol (NEAR): 29.93%

Grayscale Adds Curve (CRV) to DeFi Fund

Grayscale has also updated its Decentralized Finance Fund (DeFi Fund) by selling some of its holdings in Synthetix (SNX) to purchase Curve (CRV) tokens. This move highlights Grayscale’s confidence in Curve’s growth and potential within the DeFi sector.

The revised fund allocation is now as follows:

  • Curve (CRV): 6.71%
  • MakerDAO (MKR): 7.79%
  • Lido (LDO): 9.75%
  • Aave (AAVE): 27.87%
  • Uniswap (UNI): 47.88%

Grayscale Updates GSCPxE and GDLC Funds

Grayscale has made adjustments to its Smart Contract Platform Ex-Ethereum Fund (GSCPxE) by selling off some assets and investing in Sui (SUI), a newer blockchain project. The updated fund allocation is as follows:

  • Polkadot (DOT): 2.66%
  • NEAR Protocol (NEAR): 3.85%
  • Sui (SUI): 7.93%
  • Avalanche (AVAX): 9.52%
  • Cardano (ADA): 20.82%
  • Solana (SOL): 55.22%

Additionally, Grayscale made a small adjustment to its Digital Large Cap Fund (GDLC) by selling its holdings in Avalanche (AVAX) to increase its position in Cardano (ADA). The revised allocation for the GDLC is as follows:

  • Cardano (ADA): 1.44%
  • Solana (SOL): 3.83%
  • XRP: 5.05%
  • Ether (ETH): 16.16%
  • Bitcoin (BTC): 73.52%

Also Read: MicroStrategy Increases Bitcoin Holdings to 447,470 BTC

Disclaimer: The content provided here is for educational purposes only and is intended to raise awareness about cryptocurrency and blockchain technology. It should not be considered as financial or investment advice. Before investing in any cryptocurrency or token, we strongly encourage you to conduct thorough research, understand the associated risks, and make informed decisions (DYOR – Do Your Own Research). For detailed guidance, consult a qualified financial advisor.

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Source: CurrencyRate

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