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23 April 2021

Oracle Token Chainlink Replaces XRP in Grayscale's Strategic Large Cap Fund – Finance Bitcoin News

Oracle Token Chainlink Replaces XRP in Grayscale's Strategic Large Cap Fund – Finance Bitcoin News


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The digital currency manager Grayscale Investments announced that the firm has updated its Digital Large Cap Fund (GDLC) in order to add the crypto asset chainlink to the fund.

Following Grayscale’s recent announcement telling the public that it intends to transform the GBTC bitcoin trust into an exchange-traded fund (ETF), the organization revealed that chainlink (LINK) will be joining the Digital Large Cap Fund (GDLC) (OTCQX: GDLC).

In addition to chainlink (LINK), the GDLC fund contains bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH), and litecoin (LTC).

“As of the end of the day on April 2, 2021, the Fund Components were a basket of 79.8% bitcoin (BTC), 17.5% ethereum (ETH), 0.80% bitcoin cash (BCH), 1.00% litecoin and 0.90% chainlink (LINK),” Grayscale notes.

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