Altcoins are finding major prominence among crypto funds operating in the market. As per the latest development, the world’s largest digital assets manager Grayscale has added Solana (SOL) and Uniswap (UNI) to its Grayscale Digital Large Cap Fund.
This comes as part of Grayscale’s portfolio rebalancing. Solana (SOL) has emerged as a strong player in the top ten crypto-list with a solid rally over the last three months. On the other hand, decentralized exchanges (DEXs) like Uniswap have been finding strong demand recently with transaction volumes soaring up 500% last week.
The Grayscale Digital Large Cap fund has nearly $500 million worth of assets under management as of date. With the latest rebalancing, Solana and Uniswap will share a space with other giants like Bitcoin, Ethereum, Cardano, Chainlink, Litecoin, and Bitcoin Cash. However, BTC and ETH together dominate more than 90% of the fund holdings. Speaking to Blockworks, Craig Salm, Grayscale’s head of legal, said:
“We wi
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