#GrayscaleAndRepublicLaunchThreeCryptoFunds
๐ What's Actually Inside Grayscale's New $2,500 Crypto Funds
๐ DeFi Fund (DEFG): UNI 35%, AAVE 21%, ONDO 20%, ENA 14%, CRV 5%, LDO 5%
๐ค Decentralized AI Fund: NEAR 31%, TAO 29%, RENDER 22%, FIL 18%
๐ Weights come from Grayscale's May 1 snapshot, so today's mix may differ
โ ๏ธ Republic lists a $2,500 minimum, but the Data Network Trust's SEC Form D shows $25,000
๐ฆ That filing reports $39.24M sold to just 7 investors
๐ Shares are restricted and can't be redeemed; US buyers must be verified accredited investors
What it means for crypto: three tokens make up about 76% of the DeFi basket and the AI fund leans heavily on NEAR and TAO, so concentration matters more than the "basket" label suggests.
Token basket or picking coins yourself? ๐
$UNI $TAO $NEAR
#CryptoNews #Grayscale #DeFi #GrayscaleAndRepublicLaunchThreeCryptoFunds
๐ What's Actually Inside Grayscale's New $2,500 Crypto Funds
๐ DeFi Fund (DEFG): UNI 35%, AAVE 21%, ONDO 20%, ENA 14%, CRV 5%, LDO 5%
๐ค Decentralized AI Fund: NEAR 31%, TAO 29%, RENDER 22%, FIL 18%
๐ Weights come from Grayscale's May 1 snapshot, so today's mix may differ
โ ๏ธ Republic lists a $2,500 minimum, but the Data Network Trust's SEC Form D shows $25,000
๐ฆ That filing reports $39.24M sold to just 7 investors
๐ Shares are restricted and can't be redeemed; US buyers must be verified accredited investors
What it means for crypto: three tokens make up about 76% of the DeFi basket and the AI fund leans heavily on NEAR and TAO, so concentration matters more than the "basket" label suggests.
Token basket or picking coins yourself? ๐
$UNI $TAO $NEAR
#CryptoNews #Grayscale #DeFi #GrayscaleAndRepublicLaunchThreeCryptoFunds