In an attention-grabbing chronicle witnessed within the cryptocurrency universe, Cardano founder Charles Hoskinson recently took to a post on X, stating, “Wall Street give; Wall Street take,” pointing towards Grayscale’s recent removal of ADA in its GDLC (Grayscale Digital Large Cap Fund) portfolio. This statement by the Cardano founder underscored the influence of Wall Street on the cryptocurrency and digital asset landscape, stirring speculations orbiting Wall Street’s involvement in Grayscale’s GDLC ADA removal.
Wall Street give; Wall Street take https://t.co/dkyrhHW4WS
— Charles Hoskinson (@IOHK_Charles) April 5, 2024
Meanwhile, following plans to align with the CoinDesk Large cap Select Index methodology, Grayscale recently rebalanced its GDLC portfolio by selling Cardano (ADA). Simultaneously, the proceeds gained after selling were proportionally reinvested into the remaining Fund Components.
Grayscale Portfolio Readjustment: A Closer Look
Following the removal of AD
We współpracy z: https://coingape.com/charles-hoskinson-highlights-wall-street-role-post-grayscale-ada-removal/
