dfx-weightings-july-21


Earlier this week, Grayscale Investments launched the Grayscale Decentralized Finance (DeFi) Fund, contending it will allow investors to gain exposure to some of the top DeFi protocols through a market cap-weighted portfolio that tracks the CoinDesk DeFi Index (DFX).

The DeFi fund is the firm’s fifteenth investment product, which already includes the Grayscale Bitcoin Trust and Grayscale Ethereum Trust.

Even as Ethereum (ETH) prices have slid — falling to $1,905.47 as of Wednesday morning, after rising above $4,000 in May — DeFi growth has only sped up. The DeFi market cap, as calculated by CoinGecko, is currently $68 billion – up from $22 billion at the start of the year.

Earlier this week, Grayscale Investments launched the Grayscale Decentralized Finance (DeFi) Fund, contending it will allow investors to gain exposure to some of the top DeFi protocols through a market cap-weighted portfolio that tracks the CoinDesk DeFi Index (DFX).

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