More Bad News for BCH as Grayscale remove BitcoinCash! After a Q2, 2022 evaluation, digital currency asset management company Grayscale Investments has disclosed the amended fund component weightings for each product. In a press release, Grayscale stated that it had trimmed the portfolio of the Digital Large Cap Fund by selling portions of the current fund components as per their weightings. As a result of the rebalancing, the Digital Large Cap Fund no longer includes Bitcoin Cash, Chainlink, Litecoin, Polkadot and Uniswap. The digital asset manager also mentioned that the Digital Large Cap Fund did not receive any fresh tokens.
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Well I wouldn't blame them. Bch has been underperforming. Among the major currencies, I think it's the one with the worst decline rate. And it's not looking good in anyway at the moment