Grayscale Boosts Bitcoin (BTC) And Ethereum (ETH)
cryptogazette.com
It’s been revealed that Grayscale Investment increases the weight of Bitcoin and ETH in its digital large-cap fund (DLC) product at the expense of XRP, Bitcoin Cash, and Litecoin (LTC). Grayscale hopped on Twitter and addressed the new composition of its DLC fund – an investment option product that offers exposure to Bitcoin, Ethereum, XRP, Bitcoin Cash, and Litecoin.
They continued to note that “Meanwhile, the investment firm decreased the shares of XRP by 1.4%, Bitcoin Cash by 0.8%, and Litecoin by 0.6% over the same period.” The same online publication noted that the influx of investment capital in Grayscale’s crypto products in the first six months of 2020 significantly outweighs all the investments from 2013 – 2019 combined.
Read in Full: cryptogazette.com
