Grayscale Digital Large Cap Fund (GDLCF)
The Grayscale Digital Large Cap Fund (GDLCF) is a trust you can buy shares of that contains BTC, ETH, XRP, BCH, and LTC.
As of 9/30/2019, the trust is weighted toward BTC in the ratio shown below (although this is subject to change over time):
Bitcoin Cash (BCH)
With the above covered, there are really only a few key points to mention here:
- GDLCF is likely to often trade above cost, historically all of Greyscale’s products have launched with price tags far beyond their native asset value (NAV). Please check the fair market value before purchasing GDLCF. You can always check the fair market value here https://grayscale.co/digital-large-cap/#market-performance. So for example, the fair value on October 11th 2019 is $5.19. See GBTC premium for more details.
- GDLCF will likely be coming to the OTC market soon given the recent FINRA approval and statement of intent to begin trading publicly, which means you’ll be able to buy it via many brokers.
“Grayscale Digital Large Cap Fund (GDLCF)” contains information about the following Cryptocurrencies: