- Glassnode’s investment allocation for Uniswap suggests that it should be one to watch in the long term.
- UNI whales have been adding to their bags but the price remains subdued.
Should Uniswap’s UNI be part of your long-term portfolio? If you are on the fence regarding such matters, consider that Grayscale, one of the largest investment companies in the crypto landscape recognizes Uniswap’s potential.
How many are 1,10,100 UNIs worth today
Grayscale recently disclosed its investment allocations in the crypto world and Uniswap happens to be one of them. The investment firm has three major funds dictating its allocations in cryptocurrencies.
The first is the Grayscale Digital Large-cap Fund. The latter allocates investment funds into large-cap cryptocurrencies such as Bitcoin.
There is also the Grayscale Smart Contract Platform Ex-Ethereum Fund and the Grayscale DeFi Fund. We will focus on the latter particularly because of Uniswap. The latter accounts for the largest investment allocation in the DeFi fund at 41.02%.
At the end of the day on October 4, 2023, Grayscale DeFi Fund’s Fund Components were a basket of the following assets and weightings.
For disclosures: https://t.co/PA8iZYgZ3O$UNI $LDO $AAVE
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Author: Michael NderituDid you like this?
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