Grayscale Launches Actively Managed Crypto Fund Offering Staking Rewards

Grayscale launched the Grayscale Dynamic Income Fund (GDIF), an actively managed fund that offers staking rewards from proof-of-stake cryptos.

GDIF aims to provide investors with income via staking rewards and capital appreciation from crypto investments.

The fund initially supports 9 altcoins including Aptos, Celestia, CBETH, Cosmos, Near, Osmosis, Polkadot, SEI, and Solana.

Grayscale is expanding its product range, recently proposing a privacy-focused ETF to the SEC that would invest in privacy coins and technologies like Zcash.

Grayscale's Bitcoin Trust has seen $10B in outflows since its failed ETF conversion, as investors shift to lower-fee products like iShares' BTC trust.