币界网报道：Grayscale Investments has removed XRP and Cardano from its Digital Large Cap Fund (GDLC) while adding Avalanche (AVAX) and Morpho (MORPHO) to the portfolio, according to the firm's latest quarterly rebalancing announcement. The changes, effective as of January 4, 2024, reflect Grayscale's strategy to adjust holdings based on market conditions and the CoinDesk Large Cap Select Index methodology. XRP and Cardano, previously accounting for 1.07% and 0.99% of the fund respectively, were dropped entirely, while AVAX now makes up 3.32% and MORPHO enters with a 0.38% allocation. The fund's top holdings remain Bitcoin (70.96%), Ethereum (21.84%), and Solana (3.65%). Grayscale stated the rebalancing aims to maintain the fund's exposure to the largest and most liquid digital assets. Meanwhile, XRP's price showed resilience despite the removal, trading around $0.57 with a 24-hour increase of 1.5%, while Cardano dipped slightly by 0.5%. The move follows Grayscale's recent legal victory against the SEC regarding its Bitcoin ETF application, fueling speculation about potential future crypto ETF approvals. Market analysts suggest the reshuffle indicates Grayscale's preference for assets with stronger institutional adoption potential, as AVAX has gained traction in decentralized finance (DeFi) and institutional circles, while MORPHO represents an emerging DeFi lending protocol. The fund's adjustments come amid broader market anticipation for spot Bitcoin ETF approvals in early 2024.