Grayscale launches its first diversified multi-asset actively managed private fund GDIF
Seizing the favorable opportunity presented by the launch of a Bitcoin spot ETF, Grayscale, a fund management company that entered the crypto field early, is once again promoting its actively managed private fund (GDIF), which generates income through the collateralization of various cryptocurrencies.
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Active Funds Generating Income through Staking
Grayscale's Dynamic Income Fund (GDIF) was launched in October last year, and currently holds staking assets from nine blockchains, including: Aptos (APT), Celestia (TIA), Coinbase Staked Ethereum (CBETH), Cosmos (ATOM), Near (NEAR), Osmosis (OSMO), Polkadot (DOT), SEI Network (SEI), and Solana (SOL). Its goal is to distribute rewards in USD on a quarterly basis.
Grayscale stated that while their previous products employed passive strategies, GDIF is their first actively managed investment product focusing on multi-asset staking.
CEO Michael Sonnenshein said:
The Grayscale team is at the forefront of the development in the crypto ecosystem, and we will continue to leverage our expertise to create innovative investment opportunities. GDIF is a significant expansion of our product suite, enabling investors to participate in multi-asset staking through the convenience and familiarity of a single investment vehicle.
GDIF is a private fund available only to qualified clients, those with a minimum net worth of $2.2 million.