{"id":40334,"date":"2021-04-07T15:06:32","date_gmt":"2021-04-07T12:06:32","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=40334"},"modified":"2025-08-30T13:42:15","modified_gmt":"2025-08-30T10:42:15","slug":"grayscale-adds-chainlink-to-digital-large-cap-fund","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/grayscale-adds-chainlink-to-digital-large-cap-fund\/","title":{"rendered":"Grayscale Adds Chainlink to Digital Large Cap Fund"},"content":{"rendered":"<p>Grayscale Investments has decided to add Chainlink (LINK) as a component of the Digital Large Cap Fund.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We are pleased to announce the updated weightings for Grayscale Digital Large Cap Fund<\/p>\n<p>\u2014 Grayscale (@Grayscale) <a href=\"https:\/\/twitter.com\/Grayscale\/status\/1379414898598416391?ref_src=twsrc%5Etfw\">April 6, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Following the latest quarterly rebalance, the asset\u2019s share stood at 0.87%. Bitcoin and Ethereum accounted for 80.5% and 16.86% of the fund\u2019s assets, respectively. Bitcoin Cash and Litecoin now account for 0.78% and 0.99%, respectively.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"736\" height=\"369\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Grayscale0704.png\" alt=\"Grayscale adds Chainlink to the Digital Large Cap Trust\" class=\"wp-image-131000\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Grayscale0704.png 736w, https:\/\/u1f987.com\/wp-content\/uploads\/Grayscale0704-300x150.png 300w\" sizes=\"auto, (max-width: 736px) 100vw, 736px\" \/><figcaption>Data:<a href=\"https:\/\/twitter.com\/Grayscale\/status\/1379414903367340032\/photo\/1\"> Grayscale<\/a>.<\/figcaption><\/figure>\n<p>Launched in February 2018, the Digital Large Cap Fund provides passive exposure to the most popular cryptocurrencies.<\/p>\n<p>Over the past year, Bitcoin\u2019s share in the fund fluctuated around 80%, Ethereum rose from 9.6% to 16.86%. This was in part due to the <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-investments-to-liquidate-xrp-based-investment-trust\">exclusion of XRP<\/a> from the fund and the liquidation of the trust based on that token. The decision was influenced by the <a href=\"https:\/\/u1f987.com\/en\/news\/sec-files-suit-against-ripple\">SEC&#8217;s ruling<\/a> against Ripple on December 23.<\/p>\n<p>The inclusion of LINK in the Digital Large Cap Fund followed the <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-launches-five-new-cryptocurrency-trusts\"> launch<\/a> of a trust based on this asset on March 17, 2021. Chainlink ranked tenth by market capitalization, at $12.83 billion, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/chainlink\" target=\"_blank\" rel=\"noreferrer noopener\">CoinGecko<\/a>.<\/p>\n<p>According to the latest data, investors poured $542.4 million into the Digital Large Cap Fund. Grayscale Investments\u2019 total assets under management stood at $46.4 billion.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">04\/06\/21 UPDATE: Net Assets Under Management, Holdings per Share, and Market Price per Share for our Investment Products.<\/p>\n<p>Total AUM: $46.4 billion<a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24BCH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BCH<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ETC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ZEN&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ZEN<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24LTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LTC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24XLM&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$XLM<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ZEC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ZEC<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24BAT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BAT<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24LINK&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LINK<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24MANA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MANA<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24FIL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$FIL<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24LPT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LPT<\/a> <a href=\"https:\/\/t.co\/yPmyOO4ZJG\">pic.twitter.com\/yPmyOO4ZJG<\/a><\/p>\n<p>\u2014 Grayscale (@Grayscale) <a href=\"https:\/\/twitter.com\/Grayscale\/status\/1379536252119224323?ref_src=twsrc%5Etfw\">April 6, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Bitcoin-based trust remains the most popular among investors, with assets of $38.2 billion (82% of AUM). Demand for the Ethereum-based product is also strong at $6.7 billion (14.4%).<\/p>\n<p>In January, Grayscale Investments <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-applies-to-register-six-new-investment-trusts\">applied<\/a> to register six new trusts based on Aave, Polkadot, Cosmos, Monero, EOS and Cardano.<\/p>\n<p>In early April, the company said it intended to <a href=\"https:\/\/u1f987.com\/en\/news\/grayscale-plans-to-convert-bitcoin-trust-into-an-etf\">convert the Bitcoin trust<\/a> into an exchange-traded fund based on the first cryptocurrency.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grayscale Investments has decided to add Chainlink (LINK) as a component of the Digital Large Cap Fund.<\/p>\n","protected":false},"author":1,"featured_media":40335,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1388,943,1156],"class_list":["post-40334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-chainlink-link","tag-grayscale-investments","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"59","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=40334"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40334\/revisions"}],"predecessor-version":[{"id":40336,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40334\/revisions\/40336"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/40335"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=40334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=40334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=40334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}