What was the impact of Grayscale's decision to remove Polygon?
The Impact of Grayscale's Fund Rebalancing In a surprising change of events, Grayscale has pulled Polygon (MATIC), a $8 billion crypto project, from its Digital Large Cap Fund. The decision was stated in a recent news release in which the corporation reported its most recent fund rebalance. Grayscale's move to sell off portions of the fund's present components depending on their weightings has had a substantial impact on Polygon (MATIC), which was excluded as a result.
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