Investment firm Grayscale has introduced cardano (ADA) to its large cap fund — giving it a significant weighting compared to the rest of the coins in the fund, beyond bitcoin and ether.

The majority of the fund is invested in bitcoin (67.47%) and ether (25.39%), totaling just shy of 93%. The fund now includes a 4.26% weighting to ADA, meaning that it comprises a majority of the remaining allocations.

Beyond cardano, the fund is invested in bitcoin cash (1.03%), litecoin (0.99%) and chainlink (0.86%).

Grayscale has made a few changes to the large-cap fund so far this year. On January 5, the firm removed XRP from the fund, after the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple, alleging it had sold unregistered securities. On April 6, it added chainlink to the fund.

The purpose of the fund is to enable investors to get exposure to cryptocurrencies with the largest market caps. The fund is assessed quarterly in terms of adding or removing coins, but weightings are changed on a daily basis.

Grayscale is a crypto-focused asset management firm. It also offers trusts for a variety of cryptocurrencies, with its largest funds being for bitcoin and ether. While these trusts ballooned over the last year, some have recently been hit by the emergence of rival products — with the Grayscale Bitcoin Trust (GBTC) currently running at a -9.5% discount. This has caused the amount of new money heading into the fund to dry up.