The recent crypto market surge has led most individual altcoins to see some hints of individual trading patterns separate from that of Bitcoin, although their trend has overwhelmingly been subject to which direction BTC moves.<\/p>\n
The uniqueness of the recent trading activity has led one major crypto fund to shift its exposure to multiple major cryptocurrency assets, which may signal how they expect their fund\u2019s individual holdings to trend throughout 2019.<\/p>\n
Grayscale Investments, an investment group who focuses on digital assets, announced in a recent set of tweets that they have adjusted their Digital Large Cap Fund\u2019s<\/a>\u00a0(DLC) crypto holdings in late-March by notably reducing its exposure to both Ethereum and XRP, while increasing their exposure to Litecoin, Bitcoin Cash, and Bitcoin<\/a>.<\/p>\n In a string of tweets, Grayscale explained the move, noting that the decision to shift the DLC\u2019s holdings came about following their quarterly review, which resulted in a rebalancing of its holdings in an effort to uphold the fund\u2019s rule-based strategy that \u201cseeks to provide exposure to the large cap segment of the digital asset class.\u201d<\/p>\n \u201cFollowing the Quarterly Review (3\/31\/19), we are pleased to announce the updated weightings for Digital Large Cap Fund (‘DLC’),\u201d Grayscale explained, further elaborating on the DLC fund, explaining that it is \u201ca passive, rules-based strategy that seeks to provide exposure to the large cap segment of the digital asset class (70% target coverage).\u201d<\/p><\/blockquote>\n 2\/ DLC is a passive, rules-based strategy that seeks to provide exposure to the large cap segment of the digital asset class (70% target coverage)<\/p>\n — Grayscale (@Grayscale) April 5, 2019<\/a><\/p><\/blockquote>\n\n