News with the tag "GDLC"

Summary The Grayscale Digital Large Cap Fund offers diversified exposure to major digital assets, rebalancing automatically as new assets gain prominence. Bitcoin's scalability and efficiency issues, alongside its massive market cap, suggest potential for other digital assets like Ethereum, XRP, and...

Cardano (ADA) started the year recovering the key $1 support zone, which has propelled its price to weekly highs. The bullish momentum has attracted whales, while some crypto analysts believe that ADA’s rally is around the corner. Related Reading: Crypto Trader Makes $21 Million From AI Agent Token ...

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Summary XRP has surged from a laggard to a top-performing asset in a matter of just 3 weeks, and is now ranked third on CoinMarketCap. The re-election of Donald Trump and the impending resignation of SEC Chairman Gary Gensler are key catalysts driving renewed interest in XRP. On-chain metrics and bl...

Summary GDLC has appreciated over 100% since my last 'buy' call in September, but the NAV discount has significantly narrowed from 39% to 17%. The fund's high 2.5% expense ratio and lack of staking for certain assets present long-term investment concerns despite recent gains. My 'fair value' framewo...

Grayscale asked the SEC for permission to convert its $524 million fund tracking multiple cryptocurrencies — including Bitcoin, Ether and Solana — into an ETF.

Summary I've consistently viewed the Grayscale Digital Large Cap Fund (GDLC) as a poorly constructed product for diversified digital asset exposure. Despite this, GDLC's significant Bitcoin and Ethereum weighting, along with its large NAV discount, presents interesting arbitrage opportunities. Value...

Summary Ethereum has soared after Ethereum-based ETFs have been approved for listing by the SEC. The approval comes after apparent political pressure from above. Should you start investing in Ethereum ETFs? Despite the newfound freedom to do so, I'd argue no. Investors should learn to walk before th...

The Cardano (ADA) price is experiencing a notable decrease, dropping by 12% since the start of the week, with a 2.6% dip recorded today alone. Despite this, with a market capitalization of $20.27 billion, ADA maintains its position as the 9th largest cryptocurrency. This recent downturn comes amidst...

Summary Bitcoin and other crypto-based products have experienced significant price increases since the approval of spot ETFs in the US market. Altcoin funds offered by Grayscale are trading at enormous premiums to the net asset value, indicating speculative mania. The Grayscale Digital Large Cap Fun...