Crypto asset manager Grayscale Investments has rebalanced its Grayscale DeFi Fund and adapted weightings of its Digital Large Cap Fund.

A Jan. 3 announcement detailed the changes Grayscale fabricated to its two funds. The DeFi Fund's weightings have been rebalanced with AMP, the native collateral token of the Flexa payment network being added, while Bancor'due south (BNT) and Universal Market Access (UMA) have been removed.

Flexa uses the AMP token to collateralize crypto payments and settles them in fiat to recipients enabling merchants to take crypto easily.

Grayscale reshuffled weightings but did not alter the token list of The Grayscale Digital Large Cap Fund (GDLC).

Grayscale'due south DeFi Fund now consists of 9 unlike crypto assets from the DeFi ecosystem. Uniswap (UNI) has the highest weighting in the fund with 42.33%, while the newly added AMP comprises 7.39%. The changes to the fund reflect those fabricated to the CoinDesk's DeFi Index (DFX).

At the time of writing, the Grayscale DeFi Fund has a share price of $five.56, which is an 11.2% gain since its July 14 inception share price of $5. The fund has $11.half-dozen 1000000 avails under management and ii.08 million shares outstanding.

Grayscale is best known for its Grayscale Bitcoin Trust, which currently has $30.1 billion assets under management. Shares are trading at $34.27, up 23% since July 14, and up 59.16% over the past 12 months.

Both the Grayscale DeFi Fund and its Bitcoin Trust have outperformed the DeFi Pulse Index (DPI), the largest retail DeFi index by market cap, since July 14. Although DPI has a college trading volume, it has fallen by 2% over the same period.

Related: Grayscale finds that over 25% of Us households surveyed currently own Bitcoin

Grayscale had the highest increase in Bitcoin (BTC) holdings among spot Bitcoin ETFs and corporations through 2022 by accruing 645,199 BTC by the stop of the twelvemonth, which accounts for 71% of the spot ETF and corporate markets BTC holdings.