Grayscale investment company has increased the share of bitcoin and ether in its Digital Large-Cap (DLC) fund due to other comprehensive altcoins.
On Twitter, the company announced changes to the DLC in the 2nd quarter of 2020. During this period, the share of bitcoin in the fund increased from 81% to 81.5%, and the share of ether - from 9.6% to 11.7%.
The share of other comprehensive altcoins during the same period decreased: XRP - from 5% to 3.6%; Bitcoin Cash - from 2.8% to 2%; Lightcoin - from 1.6% to 1.2%.
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In May, the total value of assets managed by Grayscale, a cryptocurrency investment company, reached $ 3.8 billion. In the first quarter of 2020, Grayscale raised $ 500 million from institutional investors.