Grayscale drops MATIC, adds AVAX, XRP in funds rebalance
    07 Jan 2024
    80 Views

    Asset manager Grayscale has rebalanced weights for three of its crypto funds, removing tokens such as Polygon while adding Avalanche and XRP, according to an announcement on Jan. 5. The new allocations are part of Grayscale quarterly review and impact its Digital Large Cap Fund (GDLC), DeFi Fund (DEFG), and Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund). According to…

    Bitcoin ETFs will solve unit bias psychology, says VanEck advisor
    07 Jan 2024
    82 Views

    The price of one whole Bitcoin can deter potential investors who are hesitant to buy only a fraction of the cryptocurrency due to unit bias psychology, which favors owning complete units, according to VanEck advisor Gabor Gurbacs. He suggests that Bitcoin exchange-traded funds (ETF) are a solution to this challenge. In a series of posts on…