Grayscale Shuffles Mixed Crypto Funds: Adds AVAX, DOT, ATOM; Drops SUSHI, SNX

The asset manager announced changes to a trio of diversified crypto funds.

AccessTimeIconApr 6, 2022 at 8:35 p.m. UTC
Updated Apr 6, 2022 at 8:53 p.m. UTC

Zack Seward is CoinDesk’s contributing editor-at-large.

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.

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Zack Seward is CoinDesk’s contributing editor-at-large.

CoinDesk - Unknown

Zack Seward is CoinDesk’s contributing editor-at-large.

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