灰度推出动态收益基金，促进富裕投资者多元化选择

Grayscale Investments 推出了一款专为富裕投资者量身定制的新基金，这些投资者通过质押加密货币代币产生的收入来寻求投资组合多元化。灰度动态收入基金以高净值个人为目标，定期按季度分配兑换成美元的质押奖励。该基金采用严格的筛选流程来识别具有高盈利潜力的权益证明 (PoS) 代币，包括 Osmosis (OSMO)、Solana (SOL) 和 Polkadot (DOT)。

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

灰度推出动态收益基金：富裕投资者的多元化选择

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.

著名的数字资产管理公司 Grayscale Investments 推出了一款突破性的投资工具，专为从新兴的加密货币市场寻求替代收入来源的富裕客户量身定制。灰度动态收入基金旨在为拥有大量资产的个人提供多样化投资组合的机会，同时通过质押加密货币代币赚取被动收入。

Targeting High-Net-Worth Individuals

瞄准高净值人士

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 动态收入基金专门面向资产超过 110 万美元或净资产超过 220 万美元的合格投资者开放。该基金为富有的个人提供了进入利润丰厚的加密货币抵押世界的便捷途径，这一过程涉及借出数字资产以支持区块链网络的安全性和效率。

Strategic Staking Approach

战略质押方法

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 的基金采用了细致的质押策略，包括每周将质押奖励转换为美元。这些收益然后按季度分配给投资者，确保定期稳定的收入来源。该基金的投资组合包括精选的股权证明（PoS）代币，每种代币都经过仔细审查，以最大限度地提高潜在回报。

Maximizing Staking Income

最大化质押收入

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.

灰度优先考虑最大化质押收入而不是资本增长，认识到质押奖励的持续性和被动性。通过持有 PoS 代币并参与验证过程，投资者可以获得丰厚的回报，而无需承担与交易加密货币相关的波动风险。

Token Allocations

代币分配

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.

灰度动态收入基金目前持有三种主要 PoS 代币：Osmosis (OSMO)、Solana (SOL) 和 Polkadot (DOT)。这些代币分别占基金总分配的24%、20%和14%。剩下的 43% 则分散在其他 PoS 代币上，这些代币的质押奖励率颇为可观。

Staking Rewards and Rankings

质押奖励及排名

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.

根据质押奖励数据，OSMO、SOL、DOT 的质押奖励率分别为 11.09%、7.42%、11.9%。值得注意的是，SOL 在 CoinMarketCap 上跻身市值前 10 名的 PoS 代币之列，表明其在加密货币生态系统中的突出地位。

Challenges in Other Grayscale Endeavors

其他灰度工作中的挑战

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).

尽管推出了动态收益基金，但灰度在寻求现货比特币交易所交易基金（ETF）和以太坊期货 ETF 的过程中遇到了障碍。 2023 年 1 月推出的比特币 ETF 已经历超过 140 亿美元的资金流出，未能达到该公司的预期。此外，以太坊期货 ETF 申请也面临美国证券交易委员会 (SEC) 的延迟。

Conclusion: Expanding Investment Horizons

结论：扩大投资视野

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.

灰度动态收入基金为在加密货币市场寻求多元化和被动收入的富裕投资者提供了一种创新解决方案。通过利用灰度在数字资产管理方面的专业知识，投资者可以享受质押的好处，而无需管理单个代币的复杂性。随着加密货币格局的不断发展，灰度已做好充分准备，提供一整套投资产品，满足眼光敏锐的投资者的需求。