ADA and ATOM tokens ousted from Grayscale funds as Bitcoin dominance surges
Grayscale, the world’s major crypto-focused asset manager, took severe measures in the recent quarterly rebalancing and ejected ADA and ATOM of Cardano and Cosmos from its funds. This decision is a retroactive action following the industry’s underlying factors, such as bad results and a strategic shift among virtual currencies. Grayscale index fund asset allocation changes…