Crypto
$4.5 Billion ETF Led by Crypto-Sensitive Companies Strategy and Robinhood
A $4.5 billion US large-cap stock fund has seen two crypto-sensitive companies rise to the top of its portfolio, according to a recent holdings snapshot.
The Fundstrat Granny Shots US Large Cap ETF, known by its ticker GRNY, reported $4.533 billion in assets and 42 holdings as of Sept. 3.
Strategy (MSTR), a company with a large corporate Bitcoin treasury, took the top spot at 3.02% of the portfolio, followed closely by Robinhood Markets (HOOD) at 2.99%. Together they represented 6.01% of the portfolio.
The fund's holdings snapshot demonstrates one route by which crypto-linked volatility can reach investors in a generalist stock portfolio.