📢 Grayscale, the world's largest crypto asset manager, announced its new fund called Grayscale Dynamic Income Fund (GDIF)! 🚀

🔹 This fund aims to optimize income from staking rewards associated with proof-of-stake crypto assets.

🔹 It will convert token rewards into cash weekly and distribute them to investors quarterly.

🔹 24% of the fund will contain Osmosis token OSMO, 20% Solana (SOL) and 14% Polkadot (DOT).

🔹 GDIF is only open to high net worth individuals with $1.1 million in assets under management or $2.2 million in net worth.

Grayscale experienced a massive capital outflow after GBTC's conversion to a spot Bitcoin ETF. This new fund is part of efforts to retain customers and capital.