Grayscale® Digital Large Cap Fund, Grayscale® DeFi Fund, and Grayscale® Smart Contract Platform Ex-Ethereum Fund Announce Rebalancing of Funds for Second Quarter 2024
- Grayscale Investments Fund Updates: Grayscale Investments announced updated Fund Component weightings for their Digital Large Cap Fund, DeFi Fund, and Smart Contract Platform Ex-Ethereum Fund in the second quarter of 2024.
- Fund Components: The Digital Large Cap Fund included Bitcoin, Ethereum, Solana, XRP, and Avalanche. The DeFi Fund consisted of Uniswap, MakerDAO, Lido, Aave, and Synthetix. The Smart Contract Platform Ex-Ethereum Fund had Solana, Cardano, Avalanche, and Polkadot.
- Rebalancing Actions: Grayscale adjusted the GSCPxE Fund's portfolio by selling Polygon (MATIC) and purchasing existing Fund Components in proportion to their weightings, resulting in the removal of Polygon from the fund.
- Income Generation: None of the funds generate income, and they distribute Fund Components to cover expenses, leading to a gradual decrease in the amount of Fund Components represented by shares over time.
- About Grayscale Investments: Grayscale enables investors to access the digital economy through various investment products and is known as the world's largest crypto asset manager.
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Explore These Multi-Coin Crypto ETFs
Bitcoin Price Decline: Bitcoin has dropped by 44% from its all-time high in October 2025, prompting investors to consider diversifying their cryptocurrency holdings beyond Bitcoin.
Emergence of Multi-Coin ETFs: New multi-coin exchange-traded funds (ETFs) are gaining traction, allowing investors to access a broader range of cryptocurrencies, which may provide diversification and reduce reliance on Bitcoin.
Performance of Alternative Funds: Funds like the Grayscale Coin Desk Crypto 5 ETF and the TXBC are offering alternatives to Bitcoin-focused investments, with the latter showing unique performance characteristics due to its lack of reliance on Bitcoin.
Investor Considerations: Investors are encouraged to explore these new funds for potential returns, especially as the cryptocurrency market continues to evolve and diversify, with Ethereum and other altcoins gaining prominence.
Grayscale Investments® Plans to Change Name and Launch Grayscale XRP Trust Listing
Name Change Announcement: Grayscale Investments Sponsors, LLC plans to rename the Grayscale XRP Trust to Grayscale XRP Trust ETF (GXRP) effective November 21, 2025.
Trading Symbol Update: The Trust's shares will begin trading under the new name and symbol "GXRP" on NYSE Arca on or about November 24, 2025.
Stock Certificates Validity: Existing stock certificates for the Trust will remain valid and do not need to be exchanged due to the name change.
Listing Timeline Uncertainty: There is no guarantee that the GXRP shares will be listed or start trading on the anticipated timeline.
21Shares Launches Two New Index Products as Crypto ETFs Continue to Gain Popularity
Launch of New Crypto ETFs: 21Shares has introduced two new crypto index ETFs, the 21Shares FTSE Crypto 10 Index ETF (TTOP) and the 21Shares FTSE Crypto 10 ex-BTC Index ETF (TXBC), which are the first crypto index products registered under the Investment Company Act of 1940.
Investment Strategy and Fees: TTOP includes Bitcoin and charges a 0.50% fee, while TXBC focuses on blockchain applications without Bitcoin and charges 0.65%. Both funds offer a regulated way for investors to access a diversified basket of digital assets.
Market Context and Expectations: The launch occurs in a challenging market environment, with Bitcoin's value dipping below $100,000. 21Shares anticipates a slower uptake for these multi-coin funds compared to Bitcoin-focused products.
Industry Competition: The introduction of these ETFs comes as asset managers are actively trying to launch spot altcoin ETFs, with only two existing multi-coin index ETFs under the '33 Act, highlighting the competitive landscape in the crypto investment space.
Grayscale® Near Trust Begins Trading on OTCQB® Market
Grayscale Near Trust Launch: Grayscale has launched the Grayscale® Near Trust (GSNR), which is now trading on OTCQB, allowing investors to gain exposure to the NEAR token, a blockchain platform designed for AI use cases.
Investment Strategy and Innovation: The listing reflects Grayscale's commitment to evolving its products from private placements to public offerings, emphasizing the importance of on-chain innovation for future investment opportunities.
Grayscale Invests in a Diverse Crypto Future with Five-Coin ETF
Grayscale's New ETF Launch: Grayscale Investments has launched the Grayscale CoinDesk Crypto 5 ETF (GDLC), which diversifies exposure across five major cryptocurrencies: Bitcoin, Ethereum, XRP, Solana, and Cardano, with an expense ratio of 0.59%.
Regulatory Changes Favoring Crypto ETFs: The SEC's recent approval of new listing standards for crypto exchange-traded products (ETPs) is expected to expedite the approval process for new funds, potentially leading to a surge in crypto ETFs as investors increasingly prefer regulated investment vehicles.
A new crypto frontier is emerging on Wall Street, beyond bitcoin and ether. But here are the risks.
New Investment Vehicle: A new investment option was launched that allows investors to access a lesser-known cryptocurrency through traditional brokerage accounts, indicating growth in the digital asset market.
Caution Advised: Analysts suggest this development may lead to more exchange-traded funds (ETFs) for smaller digital assets, but they recommend that investors proceed with caution.
Explore These Multi-Coin Crypto ETFs
Bitcoin Price Decline: Bitcoin has dropped by 44% from its all-time high in October 2025, prompting investors to consider diversifying their cryptocurrency holdings beyond Bitcoin.
Emergence of Multi-Coin ETFs: New multi-coin exchange-traded funds (ETFs) are gaining traction, allowing investors to access a broader range of cryptocurrencies, which may provide diversification and reduce reliance on Bitcoin.
Performance of Alternative Funds: Funds like the Grayscale Coin Desk Crypto 5 ETF and the TXBC are offering alternatives to Bitcoin-focused investments, with the latter showing unique performance characteristics due to its lack of reliance on Bitcoin.
Investor Considerations: Investors are encouraged to explore these new funds for potential returns, especially as the cryptocurrency market continues to evolve and diversify, with Ethereum and other altcoins gaining prominence.
Grayscale Investments® Plans to Change Name and Launch Grayscale XRP Trust Listing
Name Change Announcement: Grayscale Investments Sponsors, LLC plans to rename the Grayscale XRP Trust to Grayscale XRP Trust ETF (GXRP) effective November 21, 2025.
Trading Symbol Update: The Trust's shares will begin trading under the new name and symbol "GXRP" on NYSE Arca on or about November 24, 2025.
Stock Certificates Validity: Existing stock certificates for the Trust will remain valid and do not need to be exchanged due to the name change.
Listing Timeline Uncertainty: There is no guarantee that the GXRP shares will be listed or start trading on the anticipated timeline.
21Shares Launches Two New Index Products as Crypto ETFs Continue to Gain Popularity
Launch of New Crypto ETFs: 21Shares has introduced two new crypto index ETFs, the 21Shares FTSE Crypto 10 Index ETF (TTOP) and the 21Shares FTSE Crypto 10 ex-BTC Index ETF (TXBC), which are the first crypto index products registered under the Investment Company Act of 1940.
Investment Strategy and Fees: TTOP includes Bitcoin and charges a 0.50% fee, while TXBC focuses on blockchain applications without Bitcoin and charges 0.65%. Both funds offer a regulated way for investors to access a diversified basket of digital assets.
Market Context and Expectations: The launch occurs in a challenging market environment, with Bitcoin's value dipping below $100,000. 21Shares anticipates a slower uptake for these multi-coin funds compared to Bitcoin-focused products.
Industry Competition: The introduction of these ETFs comes as asset managers are actively trying to launch spot altcoin ETFs, with only two existing multi-coin index ETFs under the '33 Act, highlighting the competitive landscape in the crypto investment space.
Grayscale® Near Trust Begins Trading on OTCQB® Market
Grayscale Near Trust Launch: Grayscale has launched the Grayscale® Near Trust (GSNR), which is now trading on OTCQB, allowing investors to gain exposure to the NEAR token, a blockchain platform designed for AI use cases.
Investment Strategy and Innovation: The listing reflects Grayscale's commitment to evolving its products from private placements to public offerings, emphasizing the importance of on-chain innovation for future investment opportunities.
Grayscale Invests in a Diverse Crypto Future with Five-Coin ETF
Grayscale's New ETF Launch: Grayscale Investments has launched the Grayscale CoinDesk Crypto 5 ETF (GDLC), which diversifies exposure across five major cryptocurrencies: Bitcoin, Ethereum, XRP, Solana, and Cardano, with an expense ratio of 0.59%.
Regulatory Changes Favoring Crypto ETFs: The SEC's recent approval of new listing standards for crypto exchange-traded products (ETPs) is expected to expedite the approval process for new funds, potentially leading to a surge in crypto ETFs as investors increasingly prefer regulated investment vehicles.
A new crypto frontier is emerging on Wall Street, beyond bitcoin and ether. But here are the risks.
New Investment Vehicle: A new investment option was launched that allows investors to access a lesser-known cryptocurrency through traditional brokerage accounts, indicating growth in the digital asset market.
Caution Advised: Analysts suggest this development may lead to more exchange-traded funds (ETFs) for smaller digital assets, but they recommend that investors proceed with caution.
