Grayscale adds Solana, Uniswap to Digital Large Cap Fund

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Head of legal says the fund group is considering products relating to themes of layer-1 protocols, gaming, the metaverse

The new tokens join bitcoin, Ethereum, bitcoin cash, Litecoin, Cardano and Chainlink within the fund.

The market capitalization of $SOL and $UNI tokens are now about $48 billion and $13 billion, respectively, according to CoinGecko.

The new tokens join bitcoin, Ethereum, bitcoin cash, Litecoin, Cardano and Chainlink within the fund.

“We will sell the existing fund components in proportion to their weightings and then [put in] Solana and Uniswap,” Craig Salm, Grayscale’s head of legal, told Blockworks Friday morning. “The fund is really a great way for our investors who don’t want to make a targeted bet on bitcoin, Ethereum or another digital asset; they just really want broad market exposure.”