Grayscale Investments, LLC

Okay.

Curtis Kimball has our question here for thoughts on Grayscale.

The reports have increased holdings in the last year as they await more ETF filings.

And also has this thought on TAL that I will share.

Now, this is an interesting write-up, and I think it was Steve-O that brought this one up.

Grayscale says the top 10 token holder yield chains are Hyperliquid, Lit, cake from that do you see how x always populates the cake cheesecake factory see why am i not able to escape the idea of food right now because

it's friday man it's friday that's why

my mom comes into town she makes this cheesecake that i i just

And Zodiac currently operates in Singapore, Hong Kong, Australia, and the UAE, and Luxembourg, by the way.

Grayscale, that's investors exchange crypto directly for ETF shares.

And again, these companies that are doing things like this, like BlackRock, Grayscale, and Coinbase or whatever, and they're exposed to Bitcoin.

Bitcoin fails, you have massive companies fails, but they're still really loading up.

So again...

Definitely.

And Grayscale's actually mirroring this strategy.

They are expanding their offerings to allow eligible investors to exchange their crypto directly for shares in 10 different funds.

We're talking covering assets like Ethereum, Solana, and XRP.

Speaking of investment opportunities, welcome to BlockTalk AI Investment Rounds and Deals.

Today, we're focusing on Grayscale's latest move to open new DeFi and AI crypto funds to retail investors.

Let's break down what this means for investors.

Grayscale, in partnership with investment platform Republic, is now offering three sector-focused private crypto funds.

These funds have a minimum investment of $2,500 and are designed for accredited investors in the United States.

The funds target decentralized finance, AI-related blockchain networks, and blockchain data infrastructure.

This approach provides managed, theme-based exposure without the need for investors to individually buy and manage each underlying token.

It's interesting to see Grayscale lowering the minimums, making these private placements more accessible than typical institutional-only deals.

And I think that there's going to be some some serious questions to answer here, especially as they gear up to to go public and offer their shares to the public markets.

Okay, so we're seeing investors take a harder look at risk, which leads us to an interesting comparison from Grayscale, which challenges one of the biggest assumptions about Bitcoin.

According to this research from Grayscale, 57% of companies in the S&P 500 are now more volatile than Bitcoin.

And Bitcoin's own volatility has fallen dramatically over the past five years.

So Sean, we have spent years talking about Bitcoin as a risky asset, one of the most risky assets out there.

That's two different portfolios making two different calls on the same afternoon.

The old Grayscale trust, which showed zero net flow that entire five-day window after shedding twenty-seven point nine four four billion dollars cumulatively.

It's like the bleeding just stopped.

Now, I wanna be careful here because the sourcing on that specific quiet week is thin.

We've got ninety percent market share across all the ETFs that were listed.

Um, I'm sure that you know about our partnerships with Grayscale and BlackRock and Strategy and, like, there's a long, long list, but that was phase one.

What's interesting about this next phase that we're just getting into is, again, keeping sight of the big picture.

Last week, I was just in Sibos, which is a payments conference, and we announced, um, a huge, a huge partnership with Citibank.