Grayscale Investments updated its key fund ratios following the analysis of its Q2 2024 performance.
Polygon (MATIC) has been removed from the Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund). The new fund ratios are Solana (65.80%), Cardano (14.67%), Avalanche (10.70%), and Polkadot (8.83%).
In the Grayscale Digital Large Cap (GDLC) Fund, the allocations are now Bitcoin (70.46%), Ethereum (23.51%), Solana (3.86%), XRP (1.54%), and Avalanche (0.63%).
Grayscale’s DeFi Fund (DEFG) now holds Uniswap (53.75%), MakerDAO (17.94%), Compound (12.68%), AAVE (10.58%), and Synthetix (5.05%).
Polygon (MATIC) has declined by 31% over the past month. Despite a recent recovery of 7%, trading volume has decreased by 38%. Its market position has been declining since last year, reaching a two-year low.
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Grayscale’s rebalancing decisions highlight adjustments in the cryptocurrency market to regulatory changes and market performance challenges.
These changes reflect broader industry trends, where adaptability and strategic shifts are crucial for sustaining growth and stability in a rapidly evolving digital asset landscape.
