Strategy and Robinhood now lead a $4.5 billion large-cap ETF that was not built for crypto
A $4.5 billion US large-cap stock fund now has two crypto-sensitive companies at the top of its portfolio. Related Company Strategy Business intelligence software The Fundstrat Granny Shots US Large Cap ETFs Sept. 4 holdings snapshot ranked Bitcoin-treasury company Strategy (MSTR) first at 3.02% and retail financial platform Robinhood Markets (HOOD) second at 2.99%. Together they represented 6.01% of the portfolio. The fund, known by its ticker GRNY, reported $4.533 billion in assets and 42 holdings as of Sept. 3. GRNY owns equities, not Bitcoin, and describes itself as an actively managed US large-cap fund. Yet its two largest holdings connect shareholders to crypto through public companies: Strategy through its Bitcoin treasury and Robinhood through a trading business that includes crypto. Related Asset Bitcoin BTC · $79,622.12 24-hour change: down 0.15% The snapshot demonstrates one route by which crypto-linked volatility can reach investors in a generalist stock portfolio. One fund cannot establish that mainstream managers broadly are replacing direct crypto allocations with proxy stocks. Related Company Robinhood American financial services company The ranking followed an equal-weight reset and an MSTR rally GRNYs Aug. 21 rebalance notice said all holdings would be reset to equal weight. Strategy and Robinhood were already in the portfolio and remained there; neither was









