Grayscale Digital Large Cap Fund (GDLCF) To Trade OTC
The Grayscale Digital Large Cap Fund (GDLCF) will begin trading soon according to a recent announcement and FINRA approval.
Essentially, this is the mixed-asset version of other offerings from Grayscale including GBTC, ETCG, and ETHE.
As of 9/30/2019, the trust is weighted toward BTC in the ratio shown below (although this is subject to change over time):
GDLCF | |||||
---|---|---|---|---|---|
Bitcoin (BTC)
|
80.3% | ||||
Ethereum (ETH)
|
9.9% | ||||
XRP
|
5.8% | ||||
Bitcoin Cash (BCH)
|
2.2% | ||||
Litecoin (LTC)
|
1.8% |
For more information, and some warnings about potential premiums (which all Grayscale products have suffered from), see our page on GDLCF),