Do you have plans to invest in the 9 tokens on GrayScale's GDIF list?

[Vincom]

Grayscale Investments is the world's largest digital asset manager, which offers a famous Bitcoin investment product called GBTC. Inclusion in Grayscale products like GDLC or their other trusts ^[1] is seen as a positive sign for a cryptocurrency. It signifies recognition from a leading investment firm and can lead to more stable buying pressure due to Grayscale's involvement.

Grayscale Investments introduced a new fund, the Grayscale Dynamic Income Fund (GDIF). This fund offers investors a chance to earn rewards by staking 9 crypto. The GDIF specifically focuses on these nine crypto assets: Aptos (APT), Celestia (TIA), Coinbase Staked Ethereum (CBETH), Cosmos (ATOM), Near (NEAR), Osmosis (OSMO), Polkadot (DOT), SEI Network (SEI), and Solana (SOL).

GDIF eliminates the technical hurdles of staking for investors. Grayscale takes care of everything, from strategically allocating investors capital across various staking assets to managing the staking and unstaking process to maximize returns. Investors will simply invest in GDIF shares, and Grayscale will handle the rest: staking tokens, converting the earned rewards to USD weekly, and distributing them to investors quarterly ^[2].

Due to eligibility requirements, I wouldn't be able to invest in the GDIF at this time @@ GDIF is limited to qualified clients with a minimum of 1.1M in assets under management or a net worth of 2.2M. The launch of GDIF is interesting in light of the growing trend of staking and restaking. It highlights Grayscale's attentiveness to investor demand for participation in staking rewards.

The GrayScale GDIF inclusion is likely to boost the value of the associated tokens by attracting new investors. This increased demand could lead to significant price growth in the future. Early signs of this potential growth are already evident.  Following Grayscale's GDIF announcement on March 5th ^[3], these tokens experienced significant price increases (calculated from the lowest price on March 5th to their highest price since then). These increases include: APT: +22%, TIA: +19%, ATOM: +32%, NEAR: +70%, OSMO: +26%, DOT: +33%, SEI: +57%, SOL: +39%. The timing of these price surges suggests a strong correlation with Grayscale's announcement, indicating a potential cause-and-effect relationship.

I'm currently focused on DCA into BTC. After the upcoming Bitcoin halving, I plan to diversify my portfolio by adding altcoins through DCA as well. Several altcoins have caught my eye, including APT, ATOM, DOT, NEAR, and SEI. While I might have missed the absolute bottom price for these coins this year, I believe they still hold potential. And I acknowledge the early adopters and holders of these tokens. Here's to their success!

I'd like to know your opinion on GDIF:

• Do you think GDIF will become a new bullish driver for the 9 tokens on the list?
• Do you hold any tokens on GDIF's list?
• Has GDIF caught your attention and are you planning to invest in the tokens on the GDIF list?

References:
[1] GrayScale: Crypto Products
[2] GrayScale: Grayscale Dynamic Income Fund
[3] Grayscale announces fund aimed at optimizing staking rewards

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[EarnOnVictor]

Nice article, but permit me to twist the polls you created above a bit because they do not reflect my true feelings and decisions about the company. From yours: "Yes, I will invest in these tokens because I trust GrayScale and No, I will choose tokens myself, I don't care about GrayScale's GDIF."

Mine: I can invest in the project because of the assets involved, and not because of GrayScale and the GDIF. Trust or not, what I can do by myself without the involvement of GrayScale and its GDIF can be said to be unnecessary with them. I have almost all the listed coins/tokens in my crypto arsenal and some like DOT can be bought, owned and even Staked directly, which makes the way people talk about Blackrock, Grayscale and the rest of them less valuable to me.

Crypto investment has been well designed from the beginning, we do not necessarily have to go through third parties like them, and going through third parties only means that you will get a reduced income and you should be ready for some price disparities and more charges.

[Vincom]

Nice article, but permit me to twist the polls you created above a bit because they do not reflect my true feelings and decisions about the company. From yours: "Yes, I will invest in these tokens because I trust GrayScale and No, I will choose tokens myself, I don't care about GrayScale's GDIF."

Mine: I can invest in the project because of the assets involved, and not because of GrayScale and the GDIF. Trust or not, what I can do by myself without the involvement of GrayScale and its GDIF can be said to be unnecessary with them. I have almost all the listed coins/tokens in my crypto arsenal and some like DOT can be bought, owned and even Staked directly, which makes the way people talk about Blackrock, Grayscale and the rest of them less valuable to me.

Crypto investment has been well designed from the beginning, we do not necessarily have to go through third parties like them, and going through third parties only means that you will get a reduced income and you should be ready for some price disparities and more charges.

Thank you for the very clear answer. You have enough tokens on GDIF's list, proving that you have the ability to evaluate projects and select tokens very well. I also support the concept of self-custody and staking tokens to get higher rewards, but maybe GDIF is aimed at traditional customers who don't like risking private keys and having to manage their own accounts. Investing in GrayScale is a simpler and less risky option, of course they are also willing to pay GrayScale's asset management fees. This is similar to the fact that many investors are willing to buy BTC Spot ETF from BlackRock instead of BTC self-custody.