Grayscale Adds Chainlink to GDLC

#Grayscale, the world's largest digital asset manager, filled the gap opened by XRP in the Digital Large Cap Fund with #Chainlink ( #LINK). Chainlink is among the top 10 cryptocurrencies with a market capitalization of more than $ 13 million.

Grayscale has $ 538.2 million in assets under the management of the Digital Large Cap Fund ( #GDLC) . Opened to investors only in certain periods of the year, the fund currently does not receive investment.

The number of products increased to 6 again
Investors can invest in cryptocurrencies with the largest market capitalization through GDLC. Institutional and qualified investors included in the fund can make sales after a one-year waiting period after purchasing.

Until this year , GDLC consisted of Bitcoin , Ether, Litecoin, Bitcoin Cash, and XRP. Grayscale made the decision to remove XRP from the fund on January 5th. LINK will now fill the resulting gap. The distribution of the fund as of April 6 is as follows:

80.50% Bitcoin
16.86% Ether
0.78% Bitcoin Cash
0.99% Litecoin
0.87% Chainlink
According to #CoinGecko data, LINK has gained 6.1% in the last 24 hours and is trading at $ 33.11. Grayscale has recently set up a Chainlink trust operating individually.