Crypto asset management firm Grayscale Investment is increasing the weights of Bitcoin (BTC) and Ethereum (ETH) in its digital large-cap fund (DLC) product at the expense of XRP, Bitcoin Cash (BCH), and Litecoin (LTC).

In a series of tweets, Grayscale illustrates the new composition of its DLC fund an investment option product that offers exposure to Bitcoin, Ethereum, XRP, Bitcoin Cash, and Litecoin.

The worlds leading crypto asset manager reveals that between March 31st to June 30th, it tweaked its DLC holdings and added 0.5% weight in BTC and 2.1% weight in Ethereum. Meanwhile, the investment firm decreased the shares of XRP by 1.4%, Bitcoin Cash by 0.8%, and Litecoin by 0.6% over the same period.

The digital asset investment firm announced the updated weightings for its DLC after releasing the funds latest quarterly review on June 30th. The firms net assets under management (AUM) in its digital large-cap fund stands at $33 million.

As of July 10th, Grayscale manages $4.1 billion worth of crypto investments, which include $3.55 billion in Grayscale Bitcoin Trust (GBTC) and $410.1 million in Grayscale Ethereum Trust (ETHE).

Grayscales current AUM of $4.1 billion represents a whopping 250% increase from its total crypto investments of $1.17 billion at the end of 2019.

The influx of investment capital in Grayscales crypto products in the first six months of this year significantly outweighs all the investments from 2013 2019 combined.

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Crypto Giant Grayscale Boosts Bitcoin and Ethereum Exposure At Expense of XRP, BCH and LTC in Large Cap Fund - The Daily Hodl