Bitcoin
$61,172.12-0.64%
Ethereum
$2,946.74-1.63%
Binance Coin
$535.91-0.51%
Solana
$132.87+0.01%
XRP
$0.48082712-2.60%
Toncoin
$6.34+3.90%
Dogecoin
$0.14358529-2.61%
Cardano
$0.43581051-2.24%
Shiba Inu
$0.00002156-2.73%
Avalanche
$32.96-2.67%
Tron
$0.10735119-2.28%
Wrapped Bitcoin
$60,398.39+0.18%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index
Consensus 2024Price Increase Extension Ends In
01
DAY
17
HR
58
MIN
02
SEC
Finance

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
AccessTimeIconApr 6, 2022 at 8:35 p.m. UTC
Updated May 11, 2023 at 4:10 p.m. UTC
Grayscale's new ad campaign in New York's Penn Station. (Nikhilesh De/CoinDesk)
Grayscale's new ad campaign in New York's Penn Station. (Nikhilesh De/CoinDesk)
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

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.
VolumeMuteUnmute

Wormhole’s W Token Has a 999% Weekly Return; Why VanEck Is Bullish on Ethereum Layer 2s

  • Three Crypto Predictions in 2024
    02:07
    Three Crypto Predictions in 2024
  • Crypto Market Leaders and Laggards in 2023
    01:50
    Crypto Market Leaders and Laggards in 2023
  • DeFi Market Rebounds to $50B as Speculators Hunt for Yield
    01:11
    DeFi Market Rebounds to $50B as Speculators Hunt for Yield
  • Could the Bank Secrecy Act Harm Crypto? Coin Center Thinks So
    38:54
    Could the Bank Secrecy Act Harm Crypto? Coin Center Thinks So

    • Read more: Crypto Trading Firm Wintermute Launches Zero-Fee OTC Platform

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Zack Seward
    Zack Seward

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

    Follow @zackseward on Twitter

    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.

    Read more about
    GrayscaleDeFi