灰階為菁英投資人推出動態收益基金，利用質押獎勵

灰階投資推出了灰階動態收入基金（GDIC），這是一個為尋求加密貨幣質押收入的成熟客戶提供的投資基金。該基金僅向那些管理資產超過 110 萬美元或淨資產超過 220 萬美元的人開放，旨在透過股權證明 (PoS) 代幣質押產生收入，每周和每季分配獎勵轉換為美元。 Grayscale 將仔細選擇 PoS 代幣並優先考慮收入最大化，目前持有的代幣包括 Osmosis (OSMO)、Solana (SOL) 和 Polkadot (DOT)。

Grayscale Unlocks Income Potential for Sophisticated Investors with Dynamic Income Fund

灰階透過動態收入基金釋放成熟投資者的收入潛力

NEW YORK, March 29, 2023 – Grayscale Investments, a leading digital currency asset manager, has unveiled the Grayscale Dynamic Income Fund (GDIC), a groundbreaking investment vehicle designed to provide qualified clients with access to the burgeoning world of cryptocurrency staking.

紐約，2023 年3 月29 日– 領先的數位貨幣資產管理公司Grayscale Investments 推出了Grayscale 動態收入基金(GDIC)，這是一種突破性的投資工具，旨在為合格的客戶提供進入新興的加密貨幣質押世界的機會。

Exclusively tailored for individuals with a minimum of $1.1 million in assets under management (AUM) or a net worth exceeding $2.2 million, the GDIC represents a strategic move by Grayscale to capitalize on the growing demand for passive income generation within the digital asset ecosystem.

GDIC 專為管理資產 (AUM) 至少 110 萬美元或淨資產超過 220 萬美元的個人量身定制，代表了 Grayscale 的一項戰略舉措，旨在利用數位資產生態系統中對被動創收不斷增長的需求。

The GDIC will leverage Grayscale's expertise in token staking, a process that involves committing cryptocurrency tokens to secure and validate transactions on blockchain networks. By staking tokens, investors earn rewards in the form of additional tokens, generating a steady stream of income.

GDIC 將利用 Grayscale 在代幣質押方面的專業知識，該過程涉及提交加密貨幣代幣以保護和驗證區塊鏈網路上的交易。透過質押代幣，投資者以額外代幣的形式獲得獎勵，從而產生穩定的收入流。

"We believe that staking represents a compelling opportunity for investors to enhance their portfolio diversification and income potential," remarked David LaValle, Global Head of Investments at Grayscale. "With the GDIC, we are providing sophisticated investors with a convenient and efficient way to participate in this emerging asset class."

Grayscale 全球投資主管 David LaValle 表示：“我們相信，質押對於投資者來說是一個增強投資組合多元化和收入潛力的絕佳機會。” “透過 GDIC，我們為成熟的投資者提供了一種便捷有效的方式來參與這一新興資產類別。”

Meticulously curated by Grayscale, the GDIC's portfolio will comprise a diverse range of Proof of Stake (PoS) tokens, each carefully selected based on its staking rewards potential and network fundamentals.

GDIC 的投資組合由 Grayscale 精心策劃，將包含各種不同的權益證明 (PoS) 代幣，每種代幣都是根據其質押獎勵潛力和網絡基本面精心挑選的。

At launch, the GDIC will allocate approximately 24% of its holdings to Osmosis (OSMO), 20% to Solana (SOL), and 14% to Polkadot (DOT). The remaining 43% will be invested in a selection of other PoS tokens, with the composition subject to change based on Grayscale's ongoing research and analysis.

發行時，GDIC 將持有的約 24% 分配給 Osmosis (OSMO)，20% 分配給 Solana (SOL)，14% 分配給 Polkadot (DOT)。剩下的 43% 將投資於精選的其他 PoS 代幣，其組成可能會根據 Grayscale 正在進行的研究和分析而變化。

"Our team continuously monitors and evaluates the PoS landscape, ensuring that the GDIC remains optimally positioned to deliver consistent income for our investors," added LaValle.

LaValle 補充道：“我們的團隊持續監控和評估 PoS 格局，確保 GDIC 保持最佳狀態，為我們的投資者提供穩定的收入。”

The GDIC's primary focus is on maximizing staking income, with capital growth considered a secondary objective. Staking rewards will be converted into US dollars weekly, with quarterly distributions scheduled for investors.

GDIC 的主要關注點是最大化質押收入，資本成長被視為次要目標。質押獎勵將每週轉換為美元，並按季度向投資者分配。

While staking holds immense promise, it can also be a complex and time-consuming process. The GDIC removes these barriers, allowing investors to benefit from staking without the need for technical expertise.

雖然質押擁有巨大的前景，但它也可能是一個複雜且耗時的過程。 GDIC 消除了這些障礙，使投資者無需具備技術專業知識即可從質押中受益。

"Grayscale manages the intricate aspects of staking and unstaking various tokens, each with its unique timelines and requirements," explained LaValle. "This seamless solution empowers investors to reap the rewards of staking while avoiding the complexities associated with the process."

LaValle 解釋說：“Grayscale 管理各種代幣的質押和解除質押的複雜方面，每種代幣都有其獨特的時間表和要求。” “這種無縫解決方案使投資者能夠獲得質押回報，同時避免與流程相關的複雜性。”

Grayscale's GDIC is a compelling addition to its suite of investment products, offering sophisticated investors a novel way to generate income from the digital asset market. Its launch underscores Grayscale's commitment to providing investors with innovative and tailored solutions that meet their evolving needs.

Grayscale 的 GDIC 是其投資產品套件中引人注目的補充，為成熟的投資者提供了一種從數位資產市場創造收入的新穎方式。它的推出凸顯了灰度致力於為投資者提供創新和客製化的解決方案，以滿足他們不斷變化的需求。

Grayscale's Spot Bitcoin ETF Faces Scrutiny Amid High Fees

Grayscale 現貨比特幣 ETF 因高額費用而面臨審查

Concurrently, Grayscale's spot Bitcoin exchange-traded fund (ETF), which debuted on January 11, 2023, has come under scrutiny due to its substantial management fees. As a result, the fund has experienced significant outflows, with Cointelegraph reporting daily redemptions exceeding $14 billion as of March 25, 2023.

同時，灰階於2023年1月11日推出的現貨比特幣交易所交易基金（ETF）因其巨額管理費而受到密切關注。因此，該基金出現了大幅資金外流，Cointelegraph 報告稱，截至 2023 年 3 月 25 日，每日贖回額超過 140 億美元。

The Grayscale Bitcoin Trust (GBTC) levies a 1.5% annual management fee, significantly higher than the industry average of 0.30% for spot Bitcoin ETFs. This disparity has raised concerns among investors and has hindered the fund's ability to attract and retain assets.

灰階比特幣信託基金（GBTC）收取 1.5% 的年度管理費，顯著高於現貨比特幣 ETF 0.30% 的行業平均值。這種差異引起了投資者的擔憂，並阻礙了基金吸引和保留資產的能力。

Furthermore, Grayscale's efforts to convert GBTC into a spot Bitcoin ETF have been met with regulatory resistance from the United States Securities and Exchange Commission (SEC). The SEC has yet to approve a spot Bitcoin ETF, citing concerns related to market manipulation and custody issues.

此外，Grayscale 將 GBTC 轉換為現貨比特幣 ETF 的努力遭到了美國證券交易委員會 (SEC) 的監管阻力。美國證券交易委員會尚未批准現貨比特幣 ETF，理由是擔心市場操縱和託管問題。

Despite these challenges, Grayscale remains steadfast in its pursuit of regulatory approval for its Bitcoin ETF. The company is actively engaged with the SEC and is committed to addressing any concerns raised by the regulator.

儘管面臨這些挑戰，Grayscale 仍堅定不移地尋求監管機構批准其比特幣 ETF。該公司積極與 SEC 合作，並致力於解決監管機構提出的任何問題。