Grayscale Investments has significantly increased its Cardano (ADA) exposure within its Digital Large Cap Fund portfolio, raising ADA allocation to 18.57%. This positions Cardano as the fund’s third-largest holding behind Ethereum (30.22%) and Solana (29.87%), reflecting heightened institutional confidence in Layer-1 blockchain platforms.
Concurrently, Bitcoin and Ethereum exchange-traded funds recorded $634.4 million in net inflows last week. Bitcoin-specific ETFs captured $384.1 million, while Ethereum products saw robust demand led by BlackRock’s fund. Other major contributors included Fidelity and ARK 21Shares, underscoring broadening institutional participation.
The allocation shift signals growing institutional endorsement of scalable, energy-efficient networks supporting decentralized finance applications. Grayscale’s strategy aligns with market trends favoring platforms demonstrating real-world DeFi utility and ecosystem expansion, particularly highlighting Ethereum’s maturing infrastructure.
These parallel developments – Grayscale’s portfolio rebalancing and substantial ETF inflows – collectively indicate accelerating institutional capital movement toward established crypto assets with proven technological foundations and financial utility.