Has anyone looked at the Grayscale Trusts recently?
Has anyone looked at the Grayscale Trusts recently?
Some have massive premiums while others still have large discounts. I am thinking about picking up some Grayscale Digital Large Cap Fund – (GDLC) since it’s trading at a 38% discount
It holds: 72.29% BTC, 21.35% ETH, 3.87% Sol, 1.68% XRP and 0.81% AVAX.
I want to own a diversified basket of crypto anyways, so I would be stupid to buy those at full price on coinbase when I can get them all for 38% off buying GDLC right? Or am I missing something?
Kind of feels too good to be true at this point in the cycle, so just want to make sure there isn’t anything that I have overlooked or some risk to Grayscale that isn’t well known yet. I figured if they could make it through the bear market with all the DCG crap they have to be in a decent position now. But I could easily be wrong. Thanks in advance
2.5% fees. I have and the 38% discount heavily outweighs the fee. I’m also not planning on holding past early/mid 2025 so the fee isn’t a huge concern
I’m fairly clueless in this, but don’t they have high fees? Have you looked at that yet?
Yeah I saw ETHE has a 25% discount been looking at that one too. Most analysts put the odds of an ETF over the next 12-18 months near 100%. So even if it goes nowhere you can still get a great return once the ETF conversion happens
