Grayscale Investments has increased its Bitcoin and Ethereum allocations in its Digital Large Cap Fund to a combined 90% during its Q4 2024 rebalancing. Bitcoin maintains a 73.52% share, while Ethereum holds 16.16% of the portfolio. The asset manager removed Avalanche from the fund and added Cardano with a 1.44% allocation. XRP and Solana maintain their positions in the portfolio. Grayscale has also made changes to other funds, adding Livepeer to the Decentralized AI Fund, introducing Curve to the Decentralized Finance Fund, and adding Sui to the Smart Contract Platform Ex-Ethereum Fund. Grayscale is seeking regulatory approval to convert its large cap fund and other products into exchange-traded funds, and there are expectations for new ETFs for various cryptocurrencies.



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