TLDR Crypto · MARKETS & BUSINESS

BITCOIN ETF GIANT GRAYSCALE INTRODUCES A CRYPTO STAKING FUND

coindesk.com2 min read

Summary from the TLDR Crypto newsletter

Grayscale has launched its first actively managed fund, the Grayscale Dynamic Income Fund (GDIF). The GDIF will initially own assets from nine blockchains, staking them to generate income. These cryptocurrencies include Aptos, Celestia, Coinbase Staked Ethereum, Cosmos, Near, Osmosis, Polkadot, SEI, and Solana. The earnings from staking will be distributed quarterly in U.S. dollars. The move is expected to introduce investors to the concept of multi-asset staking through a single convenient investment vehicle.