Grayscale: The battle for value on smart contract platforms
One way investors value assets in the smart contract platform crypto space is by analyzing their fee-generating ability over time.
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One way investors value assets in the smart contract platform crypto space is by analyzing their fee-generating ability over time.
Grayscale Bitcoin Trust (GBTC) sees sharp outflow decline after announcing mini Bitcoin ETF, instilling investor confidence.
The rise in Bitcoin prices was directly caused by inflows into U.S.-listed spot Bitcoin ETFs, but marginal demand ultimately reflected investor interest in the Bitcoin asset as an alternative “store of value” and decentralized computing network.
GBTC is different from other Bitcoin ETFs because it existed as a Bitcoin investment fund before it became an ETF.
Grayscale Research’s analysis shows that traditional balanced portfolios can achieve higher risk-adjusted returns with a modest allocation to cryptocurrencies (approximately 5% of total financial assets).
Grayscale's recent portfolio adjustments reflect its commitment to adapt to market dynamics. While some tokens were added, others were strategically removed, showcasing the company's proactive investment strategy.
Grayscale reshuffles its crypto portfolio, removing Polygon for new entries like XRP and Avalanche, influencing market dynamics.
Part Three: 3AC, Grayscale, Genesis, and DCG
Grayscale refused to provide a proof-of-reserve for its Bitcoin citing security risks.
After reducing its holdings of LTC and BCH, Grayscale’s GDLC fund now includes Solana and Uniswap, accounting for 3.24% and 1.06% respectively.