Grayscale announced that it has added Lido Dao (LDO) to its DeFi fund.
LDO's weight in the fund was determined as 19.04 percent.
🧵NEW FOR Q3: $LDO joins Grayscale DeFi Fund.
Read on for new weightings for Grayscale DeFi Fund $DEFG along with Grayscale Digital Large Cap Fund $GDLC and Grayscale Smart Contract Platform Ex-Ethereum Fund #GSCPXE in connection with routine quarterly reviews.
— Grayscale (@Grayscale) July 7, 2023
After the news, there was no significant increase in the price of LDO.
Grayscale's DeFi fund includes the following altcoins: UNI, LDO, AAVE, MKR, CRV, SNX