灰階推出動態收益基金，促進富裕投資者多元化選擇

Grayscale Investments 推出了一款專為富裕投資者量身定制的新基金，這些投資者透過質押加密貨幣代幣產生的收入來尋求投資組合多元化。灰階動態收入基金以高淨值個人為目標，定期按季分配兌換成美元的質押獎勵。該基金採用嚴格的篩選流程來識別具有高獲利潛力的權益證明 (PoS) 代幣，包括 Osmosis (OSMO)、Solana (SOL) 和 Polkadot (DOT)。

Grayscale Unveils Dynamic Income Fund: A Diversification Option for Affluent Investors

灰階推出動態收益基金：富裕投資人的多元化選擇

Grayscale Investments, a renowned digital asset management firm, has introduced a groundbreaking investment vehicle tailored towards affluent clientele seeking alternative income streams from the burgeoning cryptocurrency market. The Grayscale Dynamic Income Fund is designed to provide individuals with substantial assets an opportunity to diversify their portfolios while earning passive income from staking cryptocurrency tokens.

著名的數位資產管理公司 Grayscale Investments 推出了一款突破性的投資工具，專為從新興的加密貨幣市場尋求替代收入來源的富裕客戶量身定制。灰階動態收入基金旨在為擁有大量資產的個人提供多樣化投資組合的機會，同時透過質押加密貨幣代幣賺取被動收入。

Targeting High-Net-Worth Individuals

瞄準高淨值人士

The Grayscale Dynamic Income Fund is exclusively available to accredited investors with assets exceeding $1.1 million or a net worth above $2.2 million. This fund offers an accessible gateway for wealthy individuals to tap into the lucrative world of cryptocurrency staking, a process that involves lending digital assets to support the security and efficiency of blockchain networks.

Grayscale 動態收入基金專門開放給資產超過 110 萬美元或淨資產超過 220 萬美元的合格投資者。該基金為富有的個人提供了進入利潤豐厚的加密貨幣抵押世界的便捷途徑，這一過程涉及借出數位資產以支持區塊鏈網路的安全性和效率。

Strategic Staking Approach

戰略質押方法

Grayscale's fund employs a meticulous staking strategy that involves converting staking rewards into U.S. dollars on a weekly basis. These earnings are then distributed to investors quarterly, ensuring a regular and stable income stream. The fund's portfolio comprises a curated selection of proof-of-stake (PoS) tokens, each carefully vetted to maximize potential returns.

Grayscale 的基金採用了細緻的質押策略，包括每週將質押獎勵轉換為美元。這些收益然後按季度分配給投資者，確保定期穩定的收入來源。該基金的投資組合包括精選的股權證明（PoS）代幣，每種代幣都經過仔細審查，以最大限度地提高潛在回報。

Maximizing Staking Income

最大化質押收入

Grayscale prioritizes maximizing staking income over capital growth, recognizing the consistent and passive nature of staking rewards. By holding PoS tokens and participating in the validation process, investors can earn substantial returns without assuming the volatility risks associated with trading cryptocurrencies.

灰度優先考慮最大化質押收入而不是資本增長，並認識到質押獎勵的持續性和被動性。透過持有 PoS 代幣並參與驗證過程，投資者可以獲得豐厚的回報，而無需承擔與交易加密貨幣相關的波動風險。

Token Allocations

代幣分配

The Grayscale Dynamic Income Fund currently holds three primary PoS tokens: Osmosis (OSMO), Solana (SOL), and Polkadot (DOT). These tokens account for 24%, 20%, and 14% of the fund's total allocation, respectively. The remaining 43% is diversified across other PoS tokens with promising staking reward rates.

灰階動態收入基金目前持有三個主要 PoS 代幣：Osmosis (OSMO)、Solana (SOL) 和 Polkadot (DOT)。這些代幣分別佔基金總分配的24%、20%和14%。剩下的 43% 則分散在其他 PoS 代幣上，這些代幣的質押獎勵率相當可觀。

Staking Rewards and Rankings

質押獎勵及排名

According to Staking Rewards data, OSMO, SOL, and DOT have respective staking reward rates of 11.09%, 7.42%, and 11.9%. Notably, SOL ranks among the top 10 PoS tokens by market capitalization on CoinMarketCap, indicating its prominence within the cryptocurrency ecosystem.

根據質押獎勵數據，OSMO、SOL、DOT 的質押獎勵率分別為 11.09%、7.42%、11.9%。值得注意的是，SOL 在 CoinMarketCap 上躋身市值前 10 名的 PoS 代幣之列，表明其在加密貨幣生態系統中的突出地位。

Challenges in Other Grayscale Endeavors

其他灰階工作中的挑戰

Despite the launch of the Dynamic Income Fund, Grayscale has encountered obstacles in its pursuit of a spot Bitcoin exchange-traded fund (ETF) and an Ethereum Futures ETF. The Bitcoin ETF, launched in January 2023, has experienced over $14 billion in outflows and failed to meet the firm's expectations. Additionally, the Ethereum Futures ETF application has faced delays from the United States Securities and Exchange Commission (SEC).

儘管推出了動態收益基金，但灰階在尋求現貨比特幣交易所交易基金（ETF）和以太坊期貨 ETF 的過程中遇到了障礙。 2023 年 1 月推出的比特幣 ETF 已經歷超過 140 億美元的資金流出，未能達到該公司的預期。此外，以太坊期貨 ETF 申請也面臨美國證券交易委員會 (SEC) 的延遲。

Conclusion: Expanding Investment Horizons

結論：擴大投資視野

The Grayscale Dynamic Income Fund represents an innovative solution for affluent investors seeking diversification and passive income in the cryptocurrency market. By leveraging Grayscale's expertise in digital asset management, investors can access the benefits of staking without the complexities of managing individual tokens. As the cryptocurrency landscape continues to evolve, Grayscale is well-positioned to offer a comprehensive suite of investment products that meet the needs of discerning investors.

灰階動態收入基金為在加密貨幣市場尋求多元化和被動收入的富裕投資者提供了創新解決方案。透過利用灰階在數位資產管理方面的專業知識，投資者可以享受質押的好處，而無需管理單一代幣的複雜性。隨著加密貨幣格局的不斷發展，灰度已做好充分準備，提供一整套投資產品，滿足眼光敏銳的投資者的需求。