Has anyone looked at the Grayscale Trusts recently?

292 viewsGeneral Discussions

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

Andrew Peters Answered question April 24, 2024
0

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

Andrew Peters Answered question April 24, 2024
0
You are viewing 1 out of 4 answers, click here to view all answers.