Grayscale Large Cap funds drops Cardano and Cosmos!
Hi HODLers, Hiveans and Lions,
Grayscale Digital Large Cap Fund dropped ADA and ATOM following their quarterly rebalancing. I cannot say that I am surprised nor do I car. $ADA has always been a token I disliked and had weird vibes about.
I liked $ATOM as it used to have a vibrant ecosystem with a lot of different projects, teams and airdrops so I would have liked Grayscale to keep an allocation to this one.
Interesting to note that both of these tokens are down year to date (YTD). Not a lot but compared to how the overall space did, this is quite suprising...
Grayscale Smart Contract Platform (ex-ETH)
This one still has still some $ADA
Well, in the end, I don't really care about what Grayscale is doing as they charge a crazy amount of fees for basically just holding some assets (not even the sexiest).
Stay safe out there,
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Cardano is a project that I don't see being able to take off, I can understand the fact that it is being dropped at the moment. I understand less instead dropping COSMOS. Anyway, thanks for this information, I see that Solana is still held in good esteem
I agree with you on both blockchains. Cardano is fading into the abyss which I am fine with :D