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home / news releases / gdlc too cheap to ignore again

GDLC - GDLC: Too Cheap To Ignore Again

Grayscale Digital Large Cap Fund LLC

2024-03-22 15:23:44 ET

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 Fund (GDLC) presents an arbitrage opportunity as it again trades at a 37% discount to its net asset value.

If you haven't read my recent article for Seeking Alpha covering MicroStrategy ( MSTR ) stock, I would invite you to consider reading it through and also perusing the comment section. It's been a little over two months since the spot Bitcoin ( BTC-USD ) ETFs were approved for the US market and the price action in BTC and several BTC proxies like MSTR has been incredible to say the least. ...

For further details see:

GDLC: Too Cheap To Ignore Again
Stock Information
Company Name: Grayscale Digital Large Cap Fund LLC
Stock Symbol: GDLC
Market: OTC
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