Grayscale’s Digital Large Cap Fund is a multi-asset investment product currently trading as a closed-end fund and is composed of nearly 80% Bitcoin, 12% Ethereum, less than 5%, 3% and 1% of XRP, Solana and Cardano, respectively.

Quotes that support claims

The SEC allowed Grayscale to uplist the Digital Large Cap Fund (GDLC), which holds $755 million in bitcoin, Ethereum, XRP, Solana and Cardano, into an ETF through delegated authority — meaning the SEC's commissioners did not vote to approve the conversion, but rather agency staff gave the sign-off.

Grayscale’s GDLC fund is currently trading as a closed-end fund. It is comprised of nearly 80% Bitcoin exposure, roughly 12% Ethereum exposure, and less than 5%, 3%, and 1% exposure to XRP, Solana, and Cardano, respectively.