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Grayscale® Digital Large Cap Fund Announces Quarterly Rebalancing of Fund

Grayscale® Digital Large Cap Fund Announces Quarterly Rebalancing of Fund
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Grayscale s Digital Large Cap Fund replacing XRP with Chainlink (LINK)

Grayscale’s Digital Large Cap Fund replacing XRP with Chainlink (LINK) April 7, 2021 XRP was replaced due to the legal issues the token is having with Securities and Exchange Commission (SEC). Chainlink has surged by over 1000% for the last year with more interest from retail and institutional traders. Developers of the oracle platform have been launching series of projects to improve scalability. World’s largest investment fund Grayscale announced that it has replaced XRP and added Chainlink (LINK) to its Digital Large Cap Fund (GDLC). Recently, Grayscale announced that it wants to change the GBTC Bitcoin trust into an exchange-traded fund (ETF). As a result, it has decided to completely drop the XRP token after the token’s recent issues with the Securities and Exchange Commission (SEC).

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