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GDLC - Grayscale Digital Large Cap Fund: Wide Discount To NAV Provides Arbitrage Opportunity
Grayscale Digital Large Cap Fund LLC
Grayscale Digital Large Cap Fund offers exposure to the crypto market, including Bitcoin, Ethereum, and, to a lesser extent, several alt-coins.
The Fund currently trades at an extreme discount to its net asset value ("NAV").
The large discount to NAV provides an opportunity to gain crypto exposure at a discount and, over time, the market should arbitrage the discount away from recent (extreme) levels.