灰度再平衡基金：ADA、ATOM 退出数字化、智能合约市场

在最近的一次重新平衡中，主要加密资产管理公司 Grayscale 从其基金中删除了 Cardano 的 ADA 和 Cosmos 的 ATOM。此举反映了行业动态，表现不佳的资产被剔除，以优化投资组合效率并利用市场变化。灰度向创收资产的转型凸显了不断变化的加密货币格局，其中战略调整和性能优化推动了投资决策。

Grayscale Rebalances Funds, Ejects Cardano (ADA) and Cosmos (ATOM)

灰度重新平衡基金，退出 Cardano (ADA) 和 Cosmos (ATOM)

Grayscale Investments, the world's largest crypto-focused asset manager, has implemented a significant rebalancing of its funds, removing Cardano (ADA) and Cosmos (ATOM) from its digital and smart contract platform funds (GDLC and GSCPxE) respectively. The decision signals a shift in the company's strategy following industry-wide developments and a change in the competitive landscape.

全球最大的加密资产管理公司 Grayscale Investments 对其基金进行了重大再平衡，分别从其数字和智能合约平台基金（GDLC 和 GSCPxE）中删除了 Cardano (ADA) 和 Cosmos (ATOM)。这一决定标志着公司随着全行业的发展和竞争格局的变化而进行的战略转变。

Rebalancing of Fund Components

基金组成部分的重新平衡

The rebalancing involved the sale of ADA and ATOM holdings in the affected funds, with the proceeds reinvested into existing fund components. The updated fund components of the Grayscale Digital Large Cap Fund (GDLC) and the Grayscale Smart Contract Platform ex Ethereum Fund (GSCPxE) are as follows:

重新平衡涉及出售受影响基金中的 ADA 和 ATOM 股份，并将收益重新投资到现有基金组成部分。灰度数字大盘基金（GDLC）和灰度智能合约平台前以太坊基金（GSCPxE）更新后的基金组成如下：

GDLC:

通用数据链路层：

• Bitcoin (BTC): 72.96%
• Ethereum (ETH): 11.96%
• Solana (SOL): 5.12%
• Ripple (XRP): 4.86%
• Avalanche (AVAX): 3.36%

GSCPxE:

比特币（BTC）：72.96%以太坊（ETH）：11.96%Solana（SOL）：5.12%瑞波币（XRP）：4.86%Avalanche（AVAX）：3.36%GSCPxE：

• Solana (SOL): 19.56%
• Cardano (ADA): 9.80%
• Avalanche (AVAX): 11.25%
• Polkadot (DOT): 8.53%

Market Performance and Investment Strategy

Solana (SOL): 19.56% Cardano (ADA): 9.80% Avalanche (AVAX): 11.25%Polkadot (DOT): 8.53% 市场表现及投资策略

The rebalancing decision reflects Grayscale's assessment of market conditions and the performance of individual cryptocurrencies. In recent months, ADA and ATOM have underperformed compared to other digital assets, particularly Bitcoin (BTC) and Ethereum (ETH). ADA has lost approximately 3.1% year-to-date, while ATOM has declined by 3.3%.

重新平衡的决定反映了灰度对市场状况和个别加密货币表现的评估。近几个月来，与其他数字资产，特别是比特币（BTC）和以太坊（ETH）相比，ADA 和 ATOM 的表现不佳。今年迄今为止，ADA 下跌了约 3.1%，而 ATOM 则下跌了 3.3%。

Grayscale's strategy aligns with the changing dynamics of the crypto market, where volatility and uncertainty have become the norm. By optimizing its fund components, Grayscale seeks to mitigate risk and maximize returns for its investors. The removal of ADA and ATOM from the GDLC and GSCPxE funds is indicative of the company's commitment to investing in assets with strong fundamentals and growth potential.

灰度的策略与加密货币市场不断变化的动态相一致，其中波动性和不确定性已成为常态。通过优化其基金组成部分，灰度致力于降低投资者的风险并最大化回报。将 ADA 和 ATOM 从 GDLC 和 GSCPxE 基金中删除表明该公司致力于投资具有强劲基本面和增长潜力的资产。

Grayscale's Shift Towards Staking Rewards

灰度向质押奖励的转变

In addition to the fund rebalancing, Grayscale has also announced a shift in its investment strategy towards income-generating assets. The company has launched the Grayscale Dynamic Income Fund, which will focus on cryptocurrencies that offer staking rewards. This fund is targeted at accredited investors with a minimum portfolio value of $1.5 million and a minimum asset value of $2 million.

除了基金再平衡外，灰度还宣布将投资策略转向创收资产。该公司推出了灰度动态收入基金，该基金将专注于提供质押奖励的加密货币。该基金面向投资组合价值最低为 150 万美元、资产价值最低为 200 万美元的合格投资者。

The launch of the Grayscale Dynamic Income Fund reflects the growing interest in cryptocurrencies as a source of passive income. Staking rewards provide investors with a regular stream of income in exchange for locking up their cryptocurrencies for a specified period of time. This strategy appeals to investors seeking yield amid low interest rates and traditional bonds and stocks becoming less attractive.

灰度动态收入基金的推出反映了人们对加密货币作为被动收入来源日益增长的兴趣。质押奖励为投资者提供稳定的收入来源，以换取在指定时间段内锁定其加密货币。这一策略吸引了在低利率和传统债券和股票吸引力下降的情况下寻求收益的投资者。

Evolving Crypto Market Landscape

不断变化的加密货币市场格局

Grayscale's rebalancing and strategic shift underscore the dynamic nature of the cryptocurrency market. With constant technological advancements, regulatory changes, and market volatility, investors face challenges in navigating the complexities of the space.

灰度的再平衡和战略转变凸显了加密货币市场的动态本质。随着技术的不断进步、监管的变化和市场的波动，投资者在应对这个复杂的领域时面临着挑战。

However, the crypto market remains young and full of potential. Innovative projects and new investment opportunities continue to emerge, providing opportunities for both retail and institutional investors. Grayscale's actions are a reminder that the crypto landscape is constantly evolving, and investors need to stay informed and adapt their strategies accordingly.

然而，加密货币市场仍然年轻且充满潜力。创新项目和新的投资机会不断涌现，为散户和机构投资者提供了机会。灰度的行动提醒人们，加密货币领域正在不断发展，投资者需要随时了解情况并相应调整策略。