News with the tag "gdlc"

More on Grayscale Digital Large Cap Fund GDLC Is A Sell Ahead Of Its Imminent, Likely Conversion To An ETF GDLC: More Than 80% Bitcoin Seeking Alpha’s Quant Rating on Grayscale Digital Large Cap Fund

Summary GDLC now trades at fair value after closing its NAV discount, removing the prior arbitrage opportunity that drove outperformance versus Bitcoin. With a 2.5% expense ratio, poor liquidity, and no clear portfolio role, I think GDLC is fundamentally unattractive compared to direct crypto or ETF...

The US Securities and Exchange Commission (SEC) enters the final stretch of its review of Grayscale Investments’ bid to convert the $760 million Digital Large Cap Fund (GDLC)—which includes Bitcoin, Ethereum, XRP, Solana and Cardano—into an exchange-traded fund, with the statutory deadline set for J...