Investors must have assets under management exceeding $1.1 million or a net worth over $2.2 million to qualify for Grayscale's Dynamic Income Fund.
Grayscale Investments has announced an investment fund tailored for sophisticated clients eager to expose their portfolios to income generated from staking cryptocurrency tokens.
According to a recent statement, the Grayscale Dynamic Income Fund (GDIC) is only available to clients holding more than $1.1 million assets under management (AUM), or with a net worth of more than $2.2 million.
The fund intends to convert staking rewards into US dollars weekly, with distributions planned quarterly for investors. Additionally, Grayscale claims that careful analysis will be conducted to select the Proof of Stake (PoS) tokens included in the fund's portfolio.