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Grayscale Has Removed XRP From Its Digital Large Cap Fund, Bought More Of BTC, ETH, LTC And BCH


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The world’s largest crypto asset manager Grayscale has removed XRP from its Digital Large Cap Fund after the US Securities and Exchange Commission charged Ripple and co-founder Chris Larsen and CEO Brad Garlinghouse of allegedly raising over $1.3 billion through an unregistered “securities offering.”

Grayscale said it sold all XRP from the fund on Monday and bought more of BTC, ETH, LTC and BCH. XRP was approximately 1.46% of the fund. The revised components of the fund are BTC (81.63%), ETH (15.86%), LTC (1.43%), and BCH (1.08%).


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