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Re: TREND1 post# 10963

Wednesday, 02/07/2018 1:21:23 PM

Wednesday, February 07, 2018 1:21:23 PM

Post# of 26496
Grayscale Investments Announces Launch of the Grayscale Digital Large Cap Fund

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



*****At launch, the fund's shares will be solely invested in a basket of crypto assets that will initially include bitcoin (BTC), ether (ETH), ripple (XRP), bitcoin cash (BCH) and litecoin (LTC).

70%

rebalanced evert 3 months

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