Cardano, Solana and Other Non-ETH Tokens the Focus of New Grayscale Smart Contract Fund
- Date: 24-Mar-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Cardano, Solana and Other Non-ETH Tokens the Focus of New Grayscale Smart Contract Fund
Grayscale Investments unveiled its “Smart Contract Platform ex Ethereum Fund” on Tuesday, aiming to offer exposure to smart contract technology outside of the Ethereum blockchain.
The fund, referred to as “GSCPxE,” will track the CoinDesk Smart Contract Platform Select Ex ETH Index, according to a statement.
Current holdings are Cardano’s ADA with a 24.6% weighting, Solana’s SOL at 24.3%, Avalanche’s AVAX at 17%, Polkadot’s DOT at 16.2%, Polygon’s MATIC at 9.7%, Algorand’s ALGO at 4.3% and Stellar’s XLM at 4.1%.
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