Grayscale DLC Fund increases the weight of BTC and ETH and decreases the weight of XRP, BCH and LTC.
According to the Daily Hodl, cryptocurrency manager Greyscale Investment is increasing its weight on BTC and ETH in major currencies (DLC) and lower than XRP, BCH and LTC. Greyscale recently unveiled a new set of DLC on Twitter. From March 31 to June 30, the company adjusted the coverage of all DLC assets, increased the weight of BTC by 0.5%, increased the weight of ETH by 2.1%, and reduced the weight of XRP, BCH and 1.4% LTC respectively. . 0.8% and 0.4%. The product currently manages a value of $ 33 million. As of July 10, Grayscale managed $ 4.4 billion in cryptocurrency investments, including $ 3.55 billion in GBTC and $ 410.1 million in ETHE. Assets under management (AUM) grew 250% from $1.17 billion at the end of 2019, and investments in Grayscale's crypto offering in the first half of the year far exceeded its 2013-2019 total .
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