Grayscale Investments has announced a reshuffle of its cryptocurrency-focused funds – with the winners and losers beginning to emerge.

The asset manager has dumped Avalanche from its Digital Large Cap fund in order to make room for a small allocation of Cardano.

Bitcoin and Ethereum It makes up 90% of this portfolio, with the rest split between XRP, Solana, and now Cardano.

In an advertisement, The company stressed that this adjustment is based on fluctuations in the CoinDesk Large Cap Select Index.

Avalanche It has struggled to perform in the current uptrend - with AVAX price essentially flat compared to last year. In comparison, the price of the alternative Cardano rose by 75% during the same period.

Elsewhere, there was a reshuffle at the GSCPxE fund, which tracks smart contract platforms excluding Ethereum.

Solana and Cardano have a weight of 75% in this portfolio, with Avalanche at about 9%. Rebalancing means adding Sui to this fund with an 8% allocation. This leaves little room for exposure Close to the protocol and Dotted.

Changes are also being made to the AI ​​Fund, which in comparison is split evenly across a range of cryptocurrency projects.

NEAR Protocol has a weight of about 30% here, followed by Render at 20%, Bittensor at 19%, filecoin at 17% and the chart at 10.45%. A 2.8% bet has now been placed on Livepeer, which provides decentralized infrastructure for building video applications.

Meanwhile, Synthetics It was replaced by Curve as the youngest member of the DeFi fund Grayscale, which it largely dominates com.uniswap (47.88%) and ghost (27.87%).

Grayscale Investments rebalances the composition of its multi-asset funds once a quarter, and is looking to expand the exchange-traded funds it offers to Wall Street investors.

She's already looking forward to converting her file Large digital capital fund and Solana Trust in ETFs — and he hopes a more relaxed regulatory climate at the SEC under Donald Trump will pave the way for their approval.

Modified by Stacey Elliott.