Wednesday, February 07, 2018 1:21:23 PM
The Fund invests in a basket of large cap digital assets that will initially include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH) and Litecoin (LTC) (the "Fund Components"). The Fund may also hold cash and assets arising as a result of a fork, airdrop or similar occurrence from time to time.
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Through a rules-based portfolio construction process, the Fund targets 70% coverage of the digital asset market. The Fund will be rebalanced on a quarterly basis to remove existing digital assets or include new digital assets in the Fund's portfolio in accordance with certain criteria established by Grayscale.
https://www.prnewswire.com/news-releases/grayscale-investments-announces-launch-of-the-grayscale-digital-large-cap-fund-300595149.html
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