Grayscale Digital Large Cap Fund, Grayscale DeFi Fund, and Grayscale Smart Contract Platform Ex-Ethereum Fund Announce Rebalancing of Funds for Third Quarter 2023

STAMFORD, Conn., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Grayscale Investments, the world’s largest crypto asset manager, and manager of Grayscale Digital Large Cap Fund (OTCQX: GDLC) (Digital Large Cap Fund), Grayscale DeFi Fund (OTCQB: DEFG) (DeFi Fund), and Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund), today announced the updated Fund Component weightings for each product in connection with their respective third quarter 2023 reviews.

No new tokens were added or removed from GDLC. At the end of the day on October 4, 2023, GDLC’s Fund Components were a basket of the following assets and weightings.*

• Bitcoin (BTC), 70.88%
• Ethereum (ETH), 26.00%
• Solana (SOL), 1.25%
• Cardano (ADA), 1.18%
• Polygon (MATIC), 0.69%
  
  

No new tokens were added or removed from DEFG. At the end of the day on October 4, 2023, DEFG’s Fund Components were a basket of the following assets and weightings.*

• Uniswap (UNI), 41.02%
• Lido (LDO), 17.52%
• MakerDAO (MKR), 17.50%
• Aave (AAVE), 11.84%
• Synthetix (SNX), 6.87%
• Curve DAO Token (CRV), 5.25%

No new tokens were added or removed from GSCPxE Fund. At the end of the day on October 4, 2023, GSCPxE Fund’s Fund Components were a basket of the following assets and weightings.*

• Solana (SOL), 27.28%
• Cardano (ADA), 25.89%
• Polygon (MATIC), 15.01%
• Polkadot (DOT), 14.25%
• Avalanche (AVAX), 10.24%
• Cosmos (ATOM), 7.33%

Neither GDLC, nor DEFG, nor GSCPxE Fund generate any income, and all regularly distribute Fund Components to pay for ongoing expenses. Therefore, the amount of Fund Components represented by shares of each fund gradually decreases over time.

For more information, please visit grayscale.com.

This press release is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction where such an offer or solicitation would be illegal, nor shall there be any sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

*The compositions of the GDLC, DEFG and GSCPxE Fund are evaluated on a quarterly basis to remove existing Fund Components or to include new Fund Components, in accordance with the index methodologies established by the Index Provider. Holdings and weightings of each Fund are subject to change. Investors cannot directly invest in an index.