Resize DeFi silver to grayscale and eliminate BAL and UMA.
Crypto-asset management Grayscale Investments has revisited its Grayscale DeFi Fund and weighed on its Big Money.
A press release issued on January 3 describes Greyscale's deal for the two funds. DeFi payments recovered, Flexa payment network loans always had the AMP token added, and Bancor (BNT) and Universal Market Access (UMA) were phased out.
Flexa allows merchants to easily accept cryptocurrencies by using AMP tokens to provide crypto payments in advance and pay to fiat recipients.
Greyscale is heavier, but does not change the name of the Grayscale Digital Large Cap Fund (GDLC) tokens.
We have just announced that we have updated the weight of Gray DeFi funds with AMP. This is the first time that AMP has been included in a gray investment tool.
--Gray levels (@Grey levels) January 3, 2022
The Gray DeFi currency currently has nine different cryptocurrencies in the DeFi ecosystem. UNIswap (UNI) has the highest share of funds with 42.33%, and the new AMP account 7.39%.
At the time of writing, Grayscale DeFi is valued at $ 5.56, up 11.2% from its July 14 issue at $ 5. The fund has $ 11.6 million in assets under management and 2.08 million excellent stocks.
Grayscale's most famous product is the Grayscale Bitcoin Trust Fund, which currently manages $ 30.1 billion in assets. The current market price is $ 34.27, up 23% from July 14 and up 59.16% from the previous 12 months.
Since July 14, the merger of the Grayscale DeFi Fund and the Bitcoin Trust Fund has resulted in the DeFi Pulse Index (DPI), the best-selling DeFi index by the capitalization market. Although the DPI volume market has been very good, its value has fallen by 2% over the same period.
In 2021, grayscale bitcoin holdings have become the largest among bitcoin ETFs and bitcoin companies, racking up 645,199 BTC last year, accounting for 71% of bitcoin ETFs and bitcoin holding companies.
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