Is Grayscale Losing Faith in Cardano (ADA) and Cosmos (ATOM)? 🤔
#Grayscale , the kingpin of crypto funds, just shook things up! During their quarterly refresh, they ditched Cardano's ADA and Cosmos' ATOM from two of their funds.
Instead, they went all-in on proven winners like
#Bitcoin (up 59% this year!) and Ethereum (over 40% gains). Ouch for ADA and ATOM holders, whose coins are down year-to-date.
This move hints Grayscale might be
#betting on different horses in the crypto race. Did ADA and ATOM lose their shine, or is Grayscale making a risky gamble? Only time will tell!
#Binance #crypto2024