#GrayscaleHorizenTrust 🦅🎁

🔥Grayscale Horizen Trust (HZEN) is an investment vehicle that enables investors to gain access to Horizen (ZEN) without the complexities of directly purchasing, storing, or safeguarding cryptocurrency. Launched on August 6, 2018, and publicly quoted on OTC markets since October 19, 2021, the trust allows investors to trade shares through traditional brokerage accounts under the ticker symbol HZEN.

As of December 24, 2024, the Trust reported the following key metrics:

Net Asset Value (NAV) per share: $3.10

Market Price per Share: $5.95

Assets Under Management (AUM): Approximately $32.25 million

ZEN per share: 0.08524299

It is important to note that the Trust’s shares have historically traded at both a premium and a discount to the underlying price of ZEN, with variations that are occasionally substantial. This means that the market price of HZEN shares may not always accurately reflect the value of the digital assets held by the Trust, less expenses and liabilities.

The Trust charges a management fee of 2.50% and does not distribute dividends. It is designed for investors seeking exposure to ZEN through a regulated security, thus avoiding the challenges associated with direct cryptocurrency ownership.

🚨 Investors should be aware that investing in digital assets carries significant risks, including high volatility and the potential for loss. It is very important to conduct thorough research and consider one's financial situation and risk tolerance before investing in products such as Grayscale Horizen Trust.

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